WH Orders 5% Across-the-Board Spending Cuts: Ron Paul WinsSubmitted by SteveMT on Fri, 08/19/2011 - 09:51
The White House is quietly ordering these budget cuts while Obama is vacationing at Martha's Vineyard. A smaller government is coming of necessity, as predicted for years by Ron Paul. RP should make some political hay out of this disclosure by the Obama regime. Ron Paul is right, the only candidate to call for such cuts.
White House orders agencies to cut their budgets
White House tells federal agencies to propose budget cuts of 10 percent or more for 2013
Alan Fram, On Friday August 19, 2011, 7:55 am EDT
WASHINGTON (AP) -- It's a microcosm of the budget battling that has consumed Congress all year: The Obama administration wants federal agencies to save money while Republicans push for additional savings to take a substantial bite out of the government's towering pile of IOUs.
White House budget chief Jacob Lew has ordered agency heads to submit spending plans for the upcoming budget at least 5 percent below this year's levels. He also wants them to propose ways to trim a total of at least 10 percent of their spending.
Michael Steel, a spokesman for House Speaker John Boehner, R-Ohio, said Thursday that Lew's directive was a good way to start finding spending cuts that are required under the recent debt-ceiling agreement between the two sides.
"But the White House must get serious about real structural reform of our entitlement programs if we're going to get our debt under control to help our economy grow and create jobs," Steel said, referring to huge and fast-growing benefit programs like Social Security and Medicare that help drive annual deficits skyward.