WASHINGTON — The Obama administration wants agencies to propose ways of cutting spending by 10 percent or more in the 2013 budget year.
In a letter released Thursday, White House budget chief Jacob Lew told agency heads to submit financial blueprints with spending at least 5 percent below this year’s levels. He also asked them to present additional proposals that would trim spending by at least 10 percent.
The effort is aimed at living within the debt ceiling agreement the two parties recently hammered out. It included a series of spending targets and saved tens of billions of dollars in 2013.
“By providing budgets pegged to these two scenarios, you will provide the president with the information to make the tough choices necessary to meet the hard spending targets in place and the needs of the nation,” Lew wrote.
The White House has asked agencies in past years to propose similar savings. But Lew’s letter underscores the political positioning under way as President Barack Obama and congressional Republicans approach what is likely to be a fiery autumn battle over budget and economic issues.
With the economy flagging, Republicans say tax and spending cuts are what is needed. Obama plans a jobs proposal mixing tax cuts with construction initiatives. At the same time, a special new committee of lawmakers will try developing a compromise $1.5 trillion, 10-year package of debt reduction.
The fight will carry over from the partisan battle over increasing the nation’s borrowing limit; that consumed much of the spring and summer. It was resolved two weeks ago when the two sides agreed to try finding enough savings to reduce red ink by more than $2 trillion over the coming decade.
Federal agencies will consume more than $1 trillion of this year’s $3.8 trillion budget
Lew asked agency chiefs for the two budget scenarios as the administration plans for the 2013 spending year, which begins in October 2012. That budget plan will be released early next year.
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Continue reading White House Asks Agencies To Propose Budget Cuts
Top Black Pop Culture Moments Of 2015
From <a href="http://hellobeautiful.com/2015/12/22/sandra-bland-family-non-indictment/" target="_blank"><strong>Sandra Bland</strong></a> to the shootings in <a href="http://hellobeautiful.com/2015/06/20/why-is-south-carolina-using-a-judge-in-the-charleston-church-massacre-who-has-used-the-n-word-before/" target="_blank">Charleston, South Carolina</a>, African Americans were sadly reminded that being <a href="http://hellobeautiful.com/2015/12/13/police-brutality-2015/" target="_blank">Black in America</a> is much harder than it ought to be. And yet in the same breath, 2015 was a year of Black joy during which our culture dominated not only in our lives, but in the mainstream consciousness. From <a href="http://hellobeautiful.com/2015/07/16/lee-daniels-and-taraji-p-henson-emmy-empire/" target="_blank">Cookie Lyons</a> to the <a href="http://hellobeautiful.com/2015/10/17/ebony-editor-comments-cosby-cover/" target="_blank">Cosby <em>Ebony </em>cover</a>, our brilliance helped to push the conversation, affirm our greatness, make history and most important, make us laugh.
So to celebrate that greatness, we put together this list of the most defining Black pop culture moments of 2015. And don’t worry: <a href="http://hellobeautiful.com/2015/12/08/rachel-dolezal-interview/" target="_blank">Rachel Dolezal </a>is nowhere to be seen.