White House Wants Leverage To Erase Wasteful Spending

Investor's Business Daily ^ | 5/24/2010 | Sean Higgins

[Slyscribe]

Sen. Obama fought the idea three years ago. But President Obama's White House urged Congress on Monday to give it new leverage to cut specific budget items.

Budget Director Peter Orszag requested that Congress pass a bill giving President Obama "expedited rescission authority." Essentially, he would be able to force lawmakers to reconsider earmarks and other spending projects they had just approved.

[Slyscribe]

Back in January 2007 as a U.S. senator, Obama joined a Democratic filibuster against a rescissions bill.

[freekitty]

Gee, I thought they were doing a lot of the wasteful spending.

What a joke.

[SunkenCiv]

In an unrelated story, the White House mysteriously vanished today...

[SatinDoll]

He wants it now so he can eviserate the military budget and any department’s budget he doesn’t like.

[Optimist]

Obama needs a con?

[Carley]

I have a one word solution for Obamao

R E S I G N

[Vendome]

FU. Sign the bill as is or veto it back with recommendations.

This ain’t England homo.

[ColdOne]

OK let me get this straight.. They have done all the wasteful spending. now he wants to stop it? take it back? get press for trying to do it? Oh I see it is get press for trying to do it. No such thing as wasteful spending for the 0ne!

[Stentor]

He wants to cut anything that doesn’t go to his tribe, the paramilitary unions or his cronies.

[BobP]

To our UnCola Prez I say...

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A shortYouTube Video -- "The UnCola Prez"

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