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Due to falling energy prices, Obama is proposing cuts to LIHEAP funding without reducing services [View All]

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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-18-11 08:24 PM
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Due to falling energy prices, Obama is proposing cuts to LIHEAP funding without reducing services
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Edited on Fri Feb-18-11 08:47 PM by ClarkUSA
The cost of running the program is the same but since energy prices have gone down since he first called for an increase, there's no longer the need to sustain an increase which was never meant to be permanent in the first place.

President Obama defended Tuesday his proposal to slash funding for a program to provide assistance to poor Americans who can't pay their heating bills.

Obama said he called for significant increases to the Low Income Home Energy Assistance Program earlier in his presidency when energy prices were spiking. But he said the program can be cut because energy prices have stabilized. LIHEAP is currently funded at $5.1 billion and Obama's fiscal year 2012 budget request calls for cutting the program by $2.5 billlion.

"Energy prices have now gone down but the cost of the program has stayed the same," Obama said during a press conference Tuesday. "Lets go back to a more sustainable level."

Obama signaled that he would be willing to reconsider the cuts if energy prices spike again. "If it turns out there is another huge energy spike, then we can revisit it," he said.

Get it? President Obama is exercising common sense.

These are the facts. The logic here is pretty easy to follow, so I hope those who are so concerned about this issue are more informed now.
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