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    Spending freeze more talk than action

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    RT News Channel

    RT News Channel

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    US President Barack Obama plans to announce a three-year freeze on discretionary, non-security spending. This is an attempt to quash criticism about high spending amid soaring deficits - but the freeze would not apply to defense or foreign aid or spending on intelligence, homeland security or veterans. Without these departments, the freeze amounts to about a sixth of the entire budget.