Obama to address entitlement spending

Published: Wednesday, Jan. 7, 2009 9:19 a.m. MST
 |  E-MAIL | PRINT | FONT + - 
WASHINGTON (AP) — President-elect Barack Obama says spiraling entitlement spending will be a central part of the discussion on controlling the federal deficit in the future.

Obama told reporters today that his administration will be inheriting a deficit of more than $1 trillion, and that it's likely to grow in the short term because of his plan to jump-start the economy with a stimulus plan.

He says the key will be to get the deficit to a "manageable level" in the medium and long term.

Obama says by February, he expects a plan to emerge on how to deal with entitlement spending, waste in government and other factors, as well as some "specific outlines" on how to control the deficit.

Recent comments

How about a little more rave and alot less rant. Sheesh!

Brother chuck | Jan. 7, 2009 at 6:16 p.m.

Conservatives think wars are an entitlement that never has to be paid...

Anonymous | Jan. 7, 2009 at 2:23 p.m.

What do liberal's know about "entitlement" spending, with their...

Bro Chuck's Rant n Rave | Jan. 7, 2009 at 10:16 a.m.

Related content
previousnext

Latest comments

BYU has slim shot at BCS

Read the post genius. It was from a Byu fan...

I am shocked they didn't take Convey or Emilio. Wow! DNEWS where is the story...

Letters: Climate debate over

"I think Limbaugh said it well the other day. There is a Universe of Reality...

America represents hope, miracles

Certainly it is not boasting that we are the greatest, the best ever in the...

Utes need Wide to run wild

This guy who keeps tearing apart Wynn....needs to calm down. I dont really...

Utah celebrates Real Salt Lake Day

I wish i could have been there! RSL day November 24th!! Can't wait to be...

RSL had a losing regular season record? In 30 regular season matches RSL...

I heard we traded Seitz. Can anyone confirm this/give details? WHY RSL!? He...

Boys basketball rankings

Three of five teams in the preseason Top 5 are from Region 4. What we're...

Let's put it this way, as a liberal, I abhor everything far-righter Palin...

Advertisements