Obama Willing to Cut Spending Further
Author: Jared A. Favole</br></br>WASHINGTON--President Barack Obama on Saturday said he is willing to make further spending cuts as his administration hashes out differences with Republicans to keep the government funded for the remainder of the year.</br></br>Mr. Obama, in his weekly radio address to the nation, said Republicans and Democrats need to find a solution because the U.S. can't "do business two weeks at a time. It's not responsible, and it threatens the progress our economy has been making."</br></br>The president this week signed into law a budget that will fund the government for the next two weeks. He ordered Vice President Joe Biden and other administration officials to broker a deal with Congressional leaders to fund the government through 2011.</br></br>Republicans have proposed about $62 billion in current spending cuts, while the White House and Democrats have proposed about $50 billion in cuts. The majority of the cuts from Democrats, and the White House, are compared to Mr. Obama's fiscal 2011 budget request. Congress never passed that request.