Budget battle waged over sliver of the pie
When Congress takes up President Obama's fiscal 2012 budget, the debate will center on just a fraction of the overall $3.7 trillion budget: his proposals on spending and how to pay for them.
Not counting what the government spends on national security and social safety-net programs such as Medicare and Social Security, spending on other domestic programs accounts for just 12% of the overall budget.
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Filed under: * Economics, Politics Economy Consumer/consumer spending Corporations/Corporate Life Taxes The U.S. Government Budget Social Security The National Deficit Politics in General House of Representatives Office of the President President Barack Obama Senate
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Posted February 16, 2011 at 4:39 am
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