Premium Content for Members Only
Obama to Propose Five-year Spending Freeze4 Comments
President Obama will call for a five-year freeze in non-security, discretionary spending during his State of the Union speech Tuesday night, according to a White House official.
The spending freeze will save roughly $400 billion through 2015, according to White House estimates.
“In areas outside the freeze, we also will be looking for cuts and efficiencies,” a White House official said. "For instance, the president is putting forward a five-year plan develope...
Premium content is for GovCentral members only. To continue reading, please sign in or create an account — it's free and takes less than a minute!