Analysis of Obama’s Budget Proposal

…the Obama plan relies on budget cuts for two-thirds of its deficit reduction measures, it goes dangerously far in two areas.  It calls for $360 billion in cuts in mandatory programs other than Medicare, Medicaid, and Social Security.  The large budget-cut target for this part of the budget risks leading to substantial cuts in core programs for low-income Americans, our most vulnerable people.

via Statement: Robert Greenstein, President, on President Obama’s Deficit-Reduction Plan — Center on Budget and Policy Priorities.

About Stephen E. McGaughey
International consultant in economic development programs and projects

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