Carney said Obama’s budget shrinks the annual deficit “to a very manageable level” and follows a balanced approach that bipartisan budget groups have all used, with a mix of revenue and spending cuts. He said the president’s approach largely follows the Simpson-Bowles fiscal commission, which Obama never fully embraced.
Senior administration officials, meanwhile, insisted that a Republican push to undo the sequester on defense spending wasn’t going anywhere, and they are already looking ahead to the lame-duck session after the elections for a climactic battle over spending and taxes.
Visitors get their first look at the American Veterans Disabled for Life Memorial, which opened to the public on Monday, Oct. 6, 2014. The new memorial is located off Independence Ave. SW between the Rayburn House Office Building and HHS. Buy photo here.