Reuters logo
Obama budget has $2.5 billion cut in heat aid for poor
February 10, 2011 / 12:21 AM / 7 years ago

Obama budget has $2.5 billion cut in heat aid for poor

WASHINGTON (Reuters) - President Barack Obama will propose cutting $2.5 billion from a program that provides heating assistance to poor people in his fiscal 2012 budget, a source familiar with the budget process said on Wednesday.

The move is likely to upset his political base of left-leaning Democrats while proving his commitment to cut spending to Republicans, who are pressing for major cuts to help reduce the U.S. deficit.

The budget will propose to allocate $2.57 billion for the Low Income Home Energy Assistance Program, commonly known as LIHEAP, down from an allocated $5.1 billion for fiscal 2010.

The source noted that the $2.57 billion figure was equal to the funding in fiscal 2008.

“Energy prices are now well below their levels in spring 2008 when Congress decided to increase LIHEAP funding to $5.1 billion,” the source said.

Reporting by Jeff Mason; Editing by Paul Simao

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below