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Wednesday, January 27, 2010

Obama to Proposes "Spending Freeze" After Overseeing Spending Binge

Feeling the heat from the American people for spending like on a drunken sailor on a three-day pass that has culminated in a conservative Republican, Scott Brown, to win a Senate seat in a very liberal Massachusetts, Obama claims that he is now a deficit hawk. He will look to put a $250 Billion freeze on government spending:

In his budget for Fiscal Year 2011, to be presented on Monday, February 1, President Obama will propose a three-year hard freeze on non-security discretionary spending, to last from 2011 through 2013.I

This will save $250 billion over the next decade, senior administration officials told reporters. By 2015, non-security discretionary spending will be at its lowest level as a component of the nation’s Gross Domestic Product in 50 years.

The announcement will come at a time when the White House and Democrats are trying to deal with voters angry about a dysfunctional Washington, DC, with many concerned about the deficit and out-of-control government spending. The president and his team have said for months that he would address deficits in his State of the Union address, knowing that the massive spending in the Wall Street bailout and stimulus package would make many Americans uneasy, but the upset victory of Sen.-elect Scott Brown, R-Mass., underscored that concern.

It seems very hypocritical and more lip-service from Obama than a genuine attempt at curbing excess federal spending. He proposes the freeze after spending over $1 Trillion with the porkulus bill and before wanting to spend about another $1T on Obamacare. House minority leader John Boehner (R-OH) had a great retort to the freeze:

“given Washington Democrats’ unprecedented spending binge, this is like announcing you’re going on a diet after winning a pie-eating contest."

This is truly a magic act that Obama is trying to pull over the American people. He claims to want to stop wasteful spending, while going for massively wasteful bills. If he truly wants to be taken seriously as a deficit hawk, he must rescind the porkulus bill and veto any health care bill that Congress puts in front of him, of it includes massive spending.

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