In yet another attempt to be bipartisan and show that he is not, in fact, a socialist, President Obama is going to call for a 5-year spending freeze on discretionary spending. Because that's going so well for Britain, right?
Obama to Call for Five-Year U.S. Federal Spending FreezeObama plans to offer the freeze in his annual State of the Union address to Congress, Melody Barnes, director of the president’s domestic policy council, said in a Bloomberg Television interview. It would extend a three-year freeze Obama proposed last year by an additional two years. He also will endorse a proposal by Defense Secretary Robert Gates to cut $78 billion from the Pentagon budget over five years, Barnes said.

Leave a Reply.