Monday, February 14, 2011

UK: Obama's budget: moving into the future while balancing the costs


Barack Obama unveils US budget plans for 2012
US President Barack Obama has unveiled his 2012 budget, describing the proposal as a "down payment" on future cuts to the US budget deficit

""While it is absolutely essential to live within our means - and while we are absolutely committed to working with Democrats and Republicans to find further savings and to look at a whole range of budget issues - we can't sacrifice our future in the process," he said.

"We have a responsibility to invest in those areas that will have the biggest impact in our future.""

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