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IPFS News Link • Economy - Economics USA

Obama, Congress ignore their pledge of fiscal discipline

• McClatchy News
President Barack Obama and congressional leaders vowed tough budget discipline in February when they approved a "pay as you go" requirement, but they've already avoided paying for major programs twice.

They've also let the annual April 15 deadline for producing a budget outline pass without even a vote.

So much for getting tough with the deficit-riddled federal budget in an election year.