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Obama Planning Budget Freeze on Most Domestic Spending

5 years ago
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Reacting to anger and concern over the pace of federal spending, President Obama is expected to propose a three-year budget freeze on discretionary money going to domestic programs, the Washington Post reports. The Pentagon and programs related to national security would be exempt from the plan which Obama intends to roll out in his State of the Union speech Wednesday night.

If enacted by Congress, the freeze would take effect in October and would hold domestic spending to $447 billion annually, the Post said. Such a restraint could dramatically curtail the president's agenda. Social Security and other entitlements also would not be affected.

White House officials told the Post the move is part of a broader deficit-cutting plan aimed at restoring public confidence in Obama's ability to rein in federal spending.

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