Thursday, February 10, 2011

Hey Obama voters! Obama does not want to pay your mortgage or heating bills either

Remember back in 2008 when Obama supporters thought they would not have to pay their gas and mortgage bills after Obama was elected?

Well, guess what? Not only is Obama not helping with the gas and mortgage, he wants to cut heating subsidies by $2.5 billion. Hope and Change, baby!
WASHINGTON (AP) — President Barack Obama wants to cut $2.5 billion from a $5 billion home heating aid program for the poor, a person familiar with his 2012 budget proposal said Wednesday, halving the popular fund as he looks for places to rein in federal spending.

The proposal would cut the Low-Income Home Energy Assistance Program to its 2008 level of about $2.5 billion.

The person discussed the details on condition of anonymity because Obama’s spending outline has not been formally released.

The White House plans to send the proposal to Congress on Monday.

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