Obama threatens veto on spending increases
(AP) — President Barack Obama says he will veto bills that don't freeze non-national security spending.
Obama on Wednesday told a joint session of Congress that he wants a three-year stop for additional spending. Obama says Medicare, Medicaid and Social Security would be exempt under the plan, which would begin next year.
Obama says his administration already has found $20 billion in savings next year. Even so, Obama says it's not enough.
He wants a commission to identify how to control skyrocketing spending. Obama says unless spending is controlled, financial markets and the nation's recovery will be threatened.
The Senate recently blocked that proposal.
Sarra Sounds Off, Season 3, Ep 4: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week.
Sarra Sounds Off, Season 3, Ep 4: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week.
