Wednesday, January 26, 2011

The Obama "Spending Freeze" in Context

The White House has touted a 'spending freeze' to be announced by the President, which would save $400Bn over 10 years.

That's $40Bn/year, right?


At this time, the FedGov spends $1.3Bn++ per DAY for interest on the national debt.

The word "anemic" comes to mind.

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