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Hit List Includes Construction

Publication Date: 13-MAY-09
Author: Tom Ichniowski
Format: HTML

    
Description:
With President Obama’s May 7 release of his detailed budget proposal for the coming fiscal year, the tussle over 2010 federal funding will intensify. Taking a tougher line on spending, Obama highlighted a plan to terminate or trim 121 programs, aiming to save $16.7 billion. Cuts would include about $1.5 billion from construction accounts. The Democratic Congress is likely to defer to Obama’s first budget request, but only to a degree. Lawmakers are not expected to rubber-stamp every line.
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