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Obama official says new budget won't be pain-free

 


Obama official says new budget won't be pain-free

MARTIN CRUTSINGER, AP Economics Writer

WASHINGTON — President Barack Obama will send Congress on Monday a $3 trillion-plus budget for 2012 that promises $1.1 trillion in deficit reduction over the next decade by freezing many domestic programs for five years, trimming military spending and limiting tax deductions for the wealthy.

Jacob Lew, the president's budget director, said Sunday that the new spending plan for the 2012 would disprove the notion that "we can do this painlessly ... we are going to make tough choices."

GOP says budge...



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