2011 Budget Request Released Today

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President Barack Obama will release the fiscal 2011 budget today that will include a three-year spending “freeze” on certain discretionary government programs, starting in the fall.

The White House insists that it’s taking on this deficit-reduction task using a “scalpel” rather than a “hatchet.” Economic advisor Jared Bernstein said “a surgical approach [is] where overall totals are frozen . . .

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