Obama Wants To End The Era Of Sequestration
Source: Huffington Post
WASHINGTON -- President Barack Obama will propose a budget on Monday that calls for an estimated 6.8 percent increase in discretionary spending -- an approach diametrically different from the last time Democrats sustained major midterm election losses.
The spending proposal will almost assuredly get strong pushback from Republicans in Congress, who now control both the House and the Senate and wield even more power than they did four years ago. For that reason alone, the budget is another sign of a president feeling unhindered in his final years of office and eager to take advantage of an improving economy.
Details of the budget have been guarded closely by administration and Capitol Hill officials. But sources on both ends of Pennsylvania Avenue said Obama will propose increasing discretionary spending by about $70 billion (several sources cautioned the proposed increase likely will be slightly less). The money would be divided equally between defense and non-defense accounts.
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“The President will propose to end the across-the-board sequester cuts that threaten our economy and our military," a White House official said. "The President’s budget will fully reverse those cuts for domestic priorities, and match those investments dollar-for-dollar with the resources our troops need to keep America safe.”
Read more: http://www.huffingtonpost.com/2015/01/29/obama-sequestration-budget-2016_n_6567816.html
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