News / USA

Obama Sends $3.7 Trillion Budget to Congress

President Barack Obama, flanked by US Education Secretary Arne Duncan, left, and Office of Management and Budget Director Jacob Lew, right, speaks at Parkville Middle School and Center of Technology, in Parkville, Maryland, February 14, 2011
President Barack Obama, flanked by US Education Secretary Arne Duncan, left, and Office of Management and Budget Director Jacob Lew, right, speaks at Parkville Middle School and Center of Technology, in Parkville, Maryland, February 14, 2011

U.S. President Barack Obama says his proposed 2012 federal budget reflects the need to start taking responsibility for federal deficits, but Republicans are saying it does not go far enough.

Obama sent his budget plan to Congress Monday, proposing to trim deficits by $1.1 trillion in the next decade.

The top Republican in the House of Representatives, John Boehner, criticized the proposal, saying it continues a "spending binge" and will cause more economic uncertainty and destroy jobs. He says the new Republican House majority will vote this week to cut tens of billions of dollars in discretionary spending over the next seven months.  

U.S. Secretary of State Hillary Clinton met with House Speaker Boehner on Monday.  House Republicans want drastic cuts to programs and agencies including the State Department. Clinton told reporters on Capitol Hill that the budget cuts House Republicans are proposing for the State Department for the remainder of the current fiscal year would endanger U.S. national security.

Obama said at a school in the eastern state of Maryland that his $3.7 trillion budget for fiscal year 2012 is on the path to meet his campaign promise of cutting the U.S. deficit in half by the end of his current term (2013).  

Republicans want domestic spending at the 2008 levels, the year before Obama took office, and have called for major cuts in many areas, including environmental protection, medical research and U.S. border enforcement.  

Republicans control the House of Representatives and Obama's Democrats retain control of the Senate, making for what is expected to be a protracted partisan battle over federal spending.

Obama said Monday his budget includes cuts on programs he cares deeply about as well as "essential" investments in innovation, education, high-speed rail and high-speed Internet.

It aims to cut the deficit by $400 billion in the next decade by freezing annual domestic spending.  It also proposes reductions or terminations for more than 200 federal programs at a savings of $33 billion, as well as trimming energy subsidies for the poor and some infrastructure programs.

The proposal includes a $78 billion cut in defense spending over the next five years, while calling for spending of $671 billion for defense in 2012, which is by far the world's largest military budget.

On unemployment, the budget predicts it to drop to 8.6 percent by next year, an improvement over the more than 9 percent rate seen in 2011.

Obama is also seeking to increase revenues by reducing tax breaks for the wealthiest Americans.  

A White House-appointed deficit commission recommended $4 trillion in savings with cuts to such social programs as the Social Security pension system and Medicare health insurance for the elderly. The president did not include those cuts in his proposal.

The federal government is currently operating on a temporary funding measure that expires early next month, as Congress has not yet approved a budget for fiscal year 2011.

You May Like

Will Cuba Follow the Southeast Asia Model?

Decision to restore ties between US and Cuba has some debating whether it will lead to an enhancement or regression of democracy on the Communist island nation More

Kenyan Designer Finds Her Niche in Fashion Industry

‘Made in China’ fabrics underlie her success More

Report: CIA, Israel's Mossad Killed Senior Hezbollah Commander

The Washington Post story says Imad Mughniyah was killed instantly by a bomb "triggered remotely" from Tel Aviv by Mossad agents More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Jefferson's Library Continues to Impress, 200 Years Lateri
X
Deborah Block
January 31, 2015 12:12 AM
Two hundred years after the U.S. Congress purchased a huge collection of books belonging to former President Thomas Jefferson, it remains one of America’s greatest literal treasures and has become the centerpiece of Washington’s Library of Congress. VOA’s Deborah Block reports.
Video

Video Jefferson's Library Continues to Impress, 200 Years Later

Two hundred years after the U.S. Congress purchased a huge collection of books belonging to former President Thomas Jefferson, it remains one of America’s greatest literal treasures and has become the centerpiece of Washington’s Library of Congress. VOA’s Deborah Block reports.
Video

Video Egypt's Suez Canal Dreams Tempered by Continued Unrest

Egypt plans to expand the Suez Canal, raising hopes that the end of its economic crisis may be in sight. But some analysts say they expect the project may cost too much and take too long to make life better for everyday Egyptians. VOA's Heather Murdock reports.
Video

Video Threat of Creeping Lava Has Hawaiians on Edge

Residents of the small town of Pahoa on the Big Island of Hawaii face an advancing threat from the Kilauea volcano. Local residents are keeping a watchful eye on creeping lava. Mike O’Sullivan reports.
Video

Video Pro-Kremlin Youth Group Creatively Promotes 'Patriotic' Propaganda

As Russia's President Vladimir Putin faces international pressure over Ukraine and a failing economy, unofficial domestic groups are rallying to his support. One such youth organization, CET, or Network, uses creative multimedia to appeal to Russia's urban youth with patriotic propaganda. VOA's Daniel Schearf reports.
Video

Video Filmmakers Produce Hand-Painted Documentary on Van Gogh

The troubled life of the famous 19th century Dutch painter Vincent van Gogh has been told through many books and films, but never in the way a group of filmmakers now intends to do. "Loving Vincent " will be the first ever feature-length film made of animated hand-painted images, done in the style of the late artist. VOA’s George Putic reports.
Video

Video Issues or Ethnicity? Question Divides Nigeria

As Nigeria goes to the polls next month, many expect the two top presidential contenders to gain much of their support from constituencies organized along ethnic or religious lines. But are faith and regional blocs really what political power in Nigeria is about? Chris Stein reports.
Video

Video Rock-Consuming Organisms Alter Views of Life Processes

Scientists thought they knew much about how life works, until a discovery more than two decades ago challenged conventional beliefs. Scientists found that there are organisms that breathe rocks. And it is only recently that the scientific community is accepting that there are organisms that could get energy out of rocks. Correspondent Elizabeth Lee reports.
Video

Video Paris Attacks Highlight Global Weapons Black Market

As law enforcement officials piece together how the Paris and Belgian terror cells carried out their recent attacks, questions are being asked about how they obtained military grade assault weapons - which are illegal in the European Union. As VOA's Jeff Swicord reports, experts say there is a very active worldwide black market for these weapons, and criminals and terrorists are buying.
Video

Video Activists Accuse China of Targeting Religious Freedom

The U.S.-based Chinese religious rights group ChinaAid says 2014 was the worst year for religious freedom in China since the end of the Cultural Revolution. As Ye Fan reports, activists say Beijing has been tightening religious controls ever since Chinese leader Xi Jinping came to office. Hu Wei narrates.
Video

Video Theologians Cast Doubt on Morality of Drone Strikes

In 2006, stirred by photos of U.S. soldiers mistreating Iraqi prisoners, a group of American faith leaders and academics launched the National Religious Campaign Against Torture. It played an important role in getting Congress to investigate, and the president to ban, torture. VOA's Jerome Socolovsky reports.
Video

Video Former Sudan 'Lost Boy' Becomes Chess Master in NYC

In the mid-1980’s, thousands of Sudanese boys escaped the country's civil war by walking for weeks, then months and finally for more than a year, up to 1,500 kilometers across three countries. The so-called Lost Boys of the Sudan had little time for games. But one of them later mastered the game of chess, and now teaches it to children in the New York area. VOA’s Bernard Shusman in New York has his story.
Video

Video NASA Monitors Earth’s Vital Signs From Space

The U.S. space agency, NASA, is wrapping up its busiest 12-month period in more than a decade, with three missions launched in 2014 and two this month, one in early January and the fifth scheduled for January 29. As VOA’s Rosanne Skirble reports, the instruments being lifted into orbit are focused on Earth’s vital life support systems and how they are responding to a warmer planet.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid