State Of The Union: Pres. Obama To Ask For Increased Spending

Comments:  | Leave A Comment

WASHINGTON — President Obama will deliver his annual State of the Union Address tonight, asking a dramatically more hostile Congress for even more spending on what he calls “investments.”

The White House refused yesterday to reveal specifics about the proposed new spending, but Republican congressional leaders expressed concern about the notion of piling more debt on the current historic level of red ink.

“To me, ‘investment’ that comes from Washington is [a] code word for more spending,” House Majority Leader Eric Cantor (R-Va.) said yesterday.

“I think that is anathema not only to most families and small businesses, but anathema to what is going on at the state levels, for sure, and what most people think Washington should be about,” he said.

White House spokesman Robert Gibbs dodged several attempts by reporters yesterday to glean specifics about the new spending, but said generally that the speech would also call for new deficit-reduction measures.

Previously, Obama has indicated he would ask for new investments in infrastructure, such as roads and bridges, and in education and technology.

Read more at NYPost

RELATED:

State of the Union 2011

Join the Conversation! Share on Facebook!

Tags:

Comments

blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,734 other followers