“President Obama, after spending hundreds of billions his first year, now is seeking a partial three-year federal spending freeze that would reduce budgets by less than 1 percent.”
“…estimate projecting the 2010 federal deficit to hit $1.35 trillion — Obama’s spending freeze would be expected to save up to $15 billion the first year. “
“‘Given Washington Democrats’ unprecedented spending binge, this is like announcing you’re going on a diet after winning a pie-eating contest,’ said Michael Steel, spokesman for House Minority Leader John Boehn.”
Posted by Joshua Morgan, Editor-in-chief
