Obama's Plan: Deficits Now, Budget Discipline Later

by Scott Horsley, NPR
February 2, 2010

The federal deficit will hit record heights this coming year, in part because the Obama administration wants to spend another $100 billion on immediate tax cuts and government spending to spur job growth. But even when the economy is on stronger footing, freezing discretionary spending doesn't touch the bulk of federal spending — which is on Medicare and other entitlements, along with defense spending.

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