This just in...
http://www.startribune.com/politics/.../82583747.html
Obama to seek spending freeze
Under pressure over mammoth deficits, he would curtail spending on many domestic programs for three years.
Read the entire article, the good and the bad.
One thing that caught my eye...
Quote:
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The freeze would cover the agencies and programs for which Congress allocates specific budgets each year, from air traffic control and farm subsidies to education, nutrition and national parks.
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Then goes on to say...
Quote:
But it would exempt the Pentagon, foreign aid, Veterans Affairs and homeland security budgets, as well as the entitlement programs that make up the biggest and fastest-growing part of the federal budget: Medicare, Medicaid and Social Security.
The payoff in budget savings would be small relative to the deficit: The estimated $250 billion in savings over 10 years is less than 5 percent of the $9 trillion to $10 trillion in additional debt the government is expected to accumulate over that time.
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I applaud him for putting forth such an effort, but it's like he's campaigning all over again, sugar coating everything and trying to pull the wool over our eyes. I don't really know what to think.