Tuesday, January 26, 2010
Obama will "Freeze" spending growth
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!
Posted by Palmoni at 7:18 AM