Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts

Tuesday, January 26, 2010

Then and now: President Obama on spending freezes

NOW: President Obama Proposes A “Hard Freeze” On Discretionary Spending. ….Obama will announce that the budget blueprint he files next week will contain a "hard freeze" on discretionary spending that lasts through 2013. The Los Angeles Times


THEN: During The Campaign, Then Senator Obama Said Spending Freezes “Sound Good”, But Don’t Work. “Well, look, I think that we do have a disagreement about an across-the-board spending freeze. It sounds good. It's proposed periodically. It doesn't happen.” – Sen. Barack Obama The Los Angeles Times


  • NOTE: Just 41 days ago, the President himself signed an omnibus bill with a 12% spending increase into law.

A look at the projected budget deficit

The Heritage Foundation has a breakdown of the federal budget deficit during the Bush administration and the Obama administration.