Let me get this straight. He racks up a 1.3 trillion dollar deficit his first few days in office. He claims he's still not done spending by annoucing another 275 billion to reward people forbeing irresponsibleby notpaying their mortgages. BTW details will be forthcoming. Now he annouces he will try to cut his spending in half be 2013? That's four years away and about another 5 trillion dollars. Me thinks his hand will be forced sooner than that. Can't wait until 2010 elections.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
It's easier to say you will cut the deficit thanactually doing it, especially for Obama and company. Also, it's easier to plan cuts that will take effectafter your term is up. Sounds like hot air to me.
It is committed in the first month. His porky bill with interest is about 1.3 trillion. The people who will have to pay this crap bill off have not even been born yet.