Awwal 10, 1432, Feb 13, 2011, SPA -- U.S. President Barack Obama made a sales pitch Saturday for his forthcoming fiscal year 2012 budget, pledging that it would help the United States "live within our means while investing in our future." The budget, due to be unveiled Monday, contains a mix of cost cuts and targeted spending to achieve Obama's twin goals of reducing the deficit and boosting U.S. competitiveness. In his weekly radio and Internet address, Obama highlighted his plan to freeze non-security discretionary spending for five years, which the White House says will reduce the deficit by $400 billion over the next 10 years. "We've stripped down the budget by getting rid of waste," he said in the address. Obama said the budget proposes to invest in roads, high-speed trains, broadband Internet, clean energy and education. After a decade of rising deficits, Obama said, "I'm proposing a new budget that will help us live within our means while investing in our future," he said.
