Comparing Projected Budget Deficit with Savings from Discretionary Spending Freeze

OMB Watch has put together a simple chart that compares the projected federal budget deficit with the projected savings from President Obama's proposed three-year freeze on non-defense discretionary spending. The chart is in miniature at right, with the red bar representing the projected deficit and the blue bar representing the savings from the spending freeze. OMB Watch's Fiscal Policy Director, Craig Jennings, has more [2], including a full-size version of the chart.