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Tuesday, January 26, 2010

Obama will "Freeze" spending growth


Really??

And that freeze applies to the 17% of the budget that is discretionary. Not Healthcare, Defense spending, foreign aid, homeland security, Veterans, Medicare, Medicaid, Social Security etc. If Uncle Sam was a homeowner, he'd be at 83% DTI.

Obama says the government will save $250 billion over 10 years.

Wait--Isn't $250 billion what the Government gave AIG and Citicorp?

But no-one gets to audit the Fed's books?

We just get to look at what Obama said! He's now channeling Johnny Mac!



Maybe this spending freeze doesn't come with a hatchet!

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