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44, Day 96: Where's the Suggestion Box?
An ongoing log of the daily activities of the 44th president of the United States during his first 100 days:
-- President Obama, staring down at an anticipated $1.8 trillion budget deficit this year, wants government employees to help develop ideas to reduce federal spending and he wants Congress to approve legislation requiring lawmakers to offset any spending increases with budget cuts or tax increases. "This principle -- known as pay-go -- helped transform large deficits into surpluses in the 1990s. Now we must restore that sense of fiscal discipline," he said during his weekly radio and internet address.
- Obama also made a pitch for pay-as-you-go legislation to House Speaker Nancy Pelosi in a letter Friday. "After years of fiscal irresponsibility, returning our nation to fiscal health also requires a budget process that can help make those plans a reality," he wrote.
Sources: The White House, the Washington Post, FoxNews.com, and the Associated Press.
