Quote:
Originally Posted by TheDoc
He didn't suggest a spending freeze, today......
Quoted from the article:
"The freeze would take effect with the 2011 fiscal year starting Oct. 1, and wouldn't affect the $787 billion economic stimulus plan already being implemented, the officials said.
It also wouldn't affect a 154 billion jobs plan pending before Congress and backed by Obama, the officials said. One aide said that plan would be exempt because it would take effect this year, before the freeze.
Administration officials, who spoke on the condition of anonymity to not upstage the president, said that the three-year freeze would save $250 billion over a decade ? if it's approved by an election-year Congress.
After three years, the total spent would be the lowest as a percentage of the total economy in 50 years. Spending on those agencies has increased by an average of 5 percent a year since 1993, the officials said."
Dang, not bad after 3 years... looks like Obama - within reason - is freezing spending. Of course knowing that a total freeze would gridlock our Country.
|
you'd have a clue if you knew he increased that spending 60% in the last year.
now idiots see the shiny penny of a spending freeze as proof of your lord's intelligence.
yes, he's intelligent enough to gull idiots into not realizing his 3 year "freeze" is actually a 60% increase.