Moderate Dems Balk Over Obama Deficit

Right wing of the president's party will fight to shave budget
By Gabriel Winant,  Newser Staff
Posted Mar 11, 2009 11:07 AM CDT
Moderate Dems Balk Over Obama Deficit
Peter Orszag, director of the White House Office of Management and Budget, appears before the Senate Budget Committee to defend President Barack Obama's budget for FY2010, March 10, 2009.    (AP Photo/J. Scott Applewhite)

Barack Obama may be president, but it’s Congress that passes the budget, and moderate Democrats are the ones holding the keys to the federal treasury, reports Time. Obama’s 2010 budget calls for $3.6 trillion in federal spending. And though deficit-hawks appreciate the president’s honest numbers (in contrast to his predecessor), they’re still uneasy. “There'll definitely be movements by moderate Democrats to impose fiscal responsibility,” says Sen. Joe Lieberman.

Lieberman predicts that he and his fellow moderate senators—the same gang that reined in the stimulus—will “start to try to cut back.” But for Sen. Ben Nelson, a conservative Nebraska Democrat, the concern is less abstract. Obama’s budget diverts money from private student lenders, including Nebraska’s NelNet. “I think it'd be the wrong direction for people to outsource jobs from Lincoln, Nebraska, to Washington DC.”
(More Obama administration stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X