2011 Budget Cuts Construction Programs

Description:
President Obama has proposed a $3.8-trillion budget for fiscal year 2011 that would freeze total “non-security” domestic discretionary spending—the category that includes most federal construction programs—and result in cutbacks in most of the key construction accounts. Industry sources say the proposed reductions are not surprising given current economic realities, and they point to a few bright areas in the budget’s long list of cuts.

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