How have I not heard of this? This seems like a basic fact to know.

Jef­frey Sachs on Oba­ma and dis­cre­tionary spend­ing

…the sur­pris­ing truth is that from the start of his pres­i­den­cy Mr Oba­ma has planned a steep decrease in dis­cre­tionary spend­ing as a share of nation­al income. Each year he has put a bud­get on the table…

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