Thursday, March 26, 2009

Barack Obama's pledges in peril as Blue Dogs take a bite at budget

http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5977433.ece

President Obama was huddled in talks yesterday with congressional Democrats over proposals that would pare his $3.6 trillion budget, raising question marks over how he would fund promises on healthcare, climate change and tax cuts.

Although the President was braced for ferocious opposition from Republicans, who warn that his spending plans will bankrupt America, he also faces growing hostility from a group of fiscally conservative Democrats alarmed by forecasts of a $9.3 trillion (£6.3 trillion) deficit over ten years.