The Spending Freeze and the Tax Meltdown

Columbia Conservative Examiner ^ | 1/27/2010 | Anthony G. Martin

[Welshman007]

With Barack Obama's announcement of a spending freeze on a few government programs, some Republicans and a conservative or two hailed the move as what they've been waiting for.

Here's one conservative who is not impressed at all, and here's why.

[YankeeReb]

The article is exactly right. Even if this "freeze" goes as proposed it's $250 bln over 10 years. That's pretty much a rounding error. It's one more example of "how do we fool the rubes this time"

[Mrs. Don-o]

So we “freeze spending” when we are spending 1.3 trillion more than we take in? What a budgetary solution!

Let’s see. Obama’s discretional funding increased 24% last year. So freezing it for 3 years still amounts to an 8% increase each year. Brilliant. I’m in awe.

[mikelike]

This is merely window dressing. It will have precisely 0 impact.

What will is what I anticipate will be the “Wednesday night surprise” when the Resident announces tonight the unveiling of the new government-mandated savings program. I’ve heard too many references of late as to how the government intends on helping us save by mandating contribution into a retirement annuity. What better time to show their benevolence than at the SOU address?