Congress Budget Chiefs Not Happy

Uh-oh, looks like President Obama is going to be working both sides of the aisle. After Republicans slammed Obama’s budget plan Monday—only hours after the president proposed it—the budget chairmen in both the House and the Senate also criticized it. Democrat Kent Conrad in the Senate and Republican Paul Ryan in the Senate both criticized Obama’s proposed budget because it does not address the twin problems of Social Security and Medicare—two of the largest contributors to the national debt. In the president’s plan, there is a five-year freeze on non-security discretionary spending, which is estimated to save about $406 billion over 10 years—but Conrad criticized this one-time freeze as “not enough.”