November 13, 2009
Obama wants to concetrate on deficit? Brotha, please.
Obama, now, wants to focus on that pesky little deficit thingy:
President Barack Obama plans to announce in next year’s State of the Union address that he wants to focus extensively on cutting the federal deficit in 2010 – and will downplay other new domestic spending beyond jobs programs, according to top aides involved in the planning.
The president’s plan, which the officials said was under discussion before this month’s Democratic election setbacks, represents both a practical and a political calculation by this White House.
On the practical side, Obama has spent more money on new programs in nine months than Bill Clinton did in eight years, pushing the annual deficit to $1.4 trillion. This leaves little room for big spending initiatives.
I know the answer, but here’s the important question: is he willing to stop this craziness on the Hill with health care and cap-and-trade? Because, if not, I don’t want to hear him paying lip service to bringing down the deficit.
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