Great news: Noted deficit hawk to announce three-year freeze in discretionary spending; Update: Dems reject?

posted at 8:36 pm on January 25, 2010 by Allahpundit

We’re not talking actual budget cuts here, just a promise not to make the budget bigger. Or rather, part of the budget. A smallish part. For three years.

Baby steps?

In his budget for Fiscal Year 2011, to be presented on Monday, February 1, President Obama will propose a three-year hard freeze on non-security discretionary spending, to last from 2011 through 2013.

This will save $250 billion over the next decade, senior administration officials told reporters. By 2015, non-security discretionary spending will be at its lowest level as a component of the nation’s Gross Domestic Product in 50 years…

This category – roughly one-seventh of the overall budget, or about 1/3rd of total discretionary spending — is generally what people think about when they say they want Washington, DC, to rein in spending, a senior administration official said. They don’t mean Medicare, Social Security, or defense spending, the official said.

In response to the announcement, Michael Steel, a spokesman for House Minority Leader John Boehner, R-Ohio, said, “given Washington Democrats’ unprecedented spending binge, this is like announcing you’re going on a diet after winning a pie-eating contest. Will the budget still double the debt over five years and triple it over ten? That’s the bottom line.”

It only applies to “non-security” discretionary spending, so the Pentagon is safe for the time being. But to put that $250 billion over 10 years in context, remember: We’re now running monthly deficits of upwards of $200 billion.

A flashback to the first presidential debate:

MCCAIN: How about a spending freeze on everything but defense, veteran affairs and entitlement programs.

LEHRER: Spending freeze?

MCCAIN: I think we ought to seriously consider with the exceptions the caring of veterans national defense and several other vital issues.

LEHRER: Would you go for that?

OBAMA: The problem with a spending freeze is you’re using a hatchet where you need a scalpel. There are some programs that are very important that are under funded. I went to increase early childhood education and the notion that we should freeze that when there may be, for example, this Medicare subsidy doesn’t make sense.

Let me tell you another place to look for some savings. We are currently spending $10 billion a month in Iraq when they have a $79 billion surplus. It seems to me that if we’re going to be strong at home as well as strong abroad, that we have to look at bringing that war to a close.

In fairness, what he’s proposing here isn’t quite an across-the-board hatchet. They only want a spending freeze in the aggregate, so they might increase spending for programs that need more while cutting spending from programs that don’t to arrive at net zero. It’s a bit more scalpel-y than one might think, in other words. But still: A hatchet would have been welcome.

Exit question one: Granted, this is a cynical political move that he almost certainly wouldn’t have made if not for his collapsing support among independents, but even a cosmetic gesture deserves a golf clap, no? Exit question two: So, just as most of the costs of ObamaCare’s first decade wouldn’t start to be incurred until his second term, this freeze would be in effect smack dab during his reelection campaign in 2012, huh? Fancy that.

Update: Alex Conant says it’s kabuki.

This isn’t news. In the budget proposal that President Obama submitted to Congress last year, his budget office already projected actual cuts and freezes in “non-defense” discretionary spending for the next three years. That’s in part because of the huge increase in that area of spending that the President requested (and received) for the current fiscal year. To be specific: FY2009 (President Bush’s last budget) had $589 billion in non-defense discretionary spending. That number jumped to $687 billion in FY2010 (Obama’s first budget), and then drops to $641 billion in FY2011, $622 billion in FY2012 and $625 billion in FY2013. So for the White House to now boast that it will freeze non-defense discretionary spending is hardly news. If anything, it’s backtracking on its earlier plans to actually cut that area of spending.

Update: Nick Rizzuto e-mails to remind me that Democrats were kicking this idea around last week and, as of the morning of the Massachusetts election, had more or less ruled it out. New life, thanks to Scott Brown?

Orszag last year instructed every executive department to prepare three budget requests: one that matches the 2011 spending levels set by the president in his initial budget proposal from early last year; another that would freeze discretionary spending; and a third that reduces spending by 5 percent.

But the Democrats warn that cutting or freezing spending at this point might further damage the economy. The White House should focus instead on spending government dollars to help the economy recover and bring the unemployment rate down from 10 percent, they said.

“We cannot invite a W-shaped recession, or an M-shaped recession,” said Rep. John Olver (D-Mass.), the chairman of the House Appropriations subcommittee for the departments of Transportation and Housing and Urban Development, when asked by The Hill about a spending freeze.


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saving pennies and spending dollars . . . brilliant move. Does this guy have even the vaguest idea what he is doing?

rplat on January 25, 2010 at 8:38 PM

I really loathe 0, have I mentioned that yet?

OmahaConservative on January 25, 2010 at 8:38 PM

B.S.

Janos Hunyadi on January 25, 2010 at 8:38 PM

Barry is going to ‘cut’ spending.

Hahahahahahaha! Snort! Wheeze! Gasp! Riiiight!

GarandFan on January 25, 2010 at 8:38 PM

Come and get it! A steaming, hot bowl of bull bleep. you’re going to love it.

Mason on January 25, 2010 at 8:39 PM

He’s playing chess with Republicans with DODT and this rather minor spending freeze. Fine. Let the real games begin.

joejm65 on January 25, 2010 at 8:39 PM

Obamacare starts taxing three years before coverage. So he’d have that money to use to say he’d brought the deficit down?

Wethal on January 25, 2010 at 8:39 PM

but even a cosmetic gesture deserves a golf clap, no?

a one golf clap gesture maybe…but hard to swallow when he decides this AFTER spending money we don’t have…

cmsinaz on January 25, 2010 at 8:40 PM

Chump change.

Knucklehead on January 25, 2010 at 8:40 PM

Finally transparency!

Anyone can see through this ploy.

tru2tx on January 25, 2010 at 8:41 PM

Let me guess…the $250 billion saved will be used to fund…..what?

BobMbx on January 25, 2010 at 8:41 PM

Please, give the big o a break. He must find some new things to lie about in the State of the Union.

mobydutch on January 25, 2010 at 8:41 PM

What do Pelosi and Reid have to say about this?

Mark1971 on January 25, 2010 at 8:42 PM

There goes ObamaCare….

unclesmrgol on January 25, 2010 at 8:42 PM

I have $100K in credit card debt. In an effort to get that under control, I stop eating $100 steaks every night and only eat $100 steaks 6 nights a week while on the seventh night ordering $99.99 worth of Chinese food.

angryed on January 25, 2010 at 8:42 PM

But government spending and raising taxes is the only way to revive an economy decimated by tax cuts.

/Keynseians

mankai on January 25, 2010 at 8:42 PM

Anyone can see through this ploy.

tru2tx on January 25, 2010 at 8:41 PM

Not when they refuse to look.

thomasaur on January 25, 2010 at 8:42 PM

I guess the Fat Cat politicians and Union thugs Swiss accounts are too full.

Electrongod on January 25, 2010 at 8:42 PM

NPD sufferer and lightworker Barry Hussein Obama on the economy: “Scalpels and hatchets, they’re all part of Big Ankle, Big Tonsil, and Big Tire Gauge and I won’t stand for it! I’m cutting spending by passing more stimulus! Eleventy!11!!11!!!”

George Orwell on January 25, 2010 at 8:43 PM

Crap,Hopey is reading Hot Air,and implementing
the ideas!!

canopfor on January 25, 2010 at 8:43 PM

lol. pathetic.

elduende on January 25, 2010 at 8:43 PM

Granted, this is a cynical political move that he almost certainly wouldn’t have made if not for his collapsing support among independents, but even a cosmetic gesture deserves a golf clap, no?

right after I see a hard pivot

ted c on January 25, 2010 at 8:43 PM

There goes ObamaCare….

unclesmrgol on January 25, 2010 at 8:42 PM

Deficit Neutral!

/talking point

mankai on January 25, 2010 at 8:43 PM

This will recoup (over 10 years) a little less than 1/3 of the money spent on Porkulus I (in one year). Way to go!!!

joejm65 on January 25, 2010 at 8:43 PM

Remember people…

… He means the exact opposite of what he is saying.

Hyper-inflation should be fun.

Seven Percent Solution on January 25, 2010 at 8:44 PM

but even a cosmetic gesture deserves a golf clap, no?

No.

alohapundit on January 25, 2010 at 8:44 PM

can you see nancy and harry stand up and whoop and holler when he says this during the SOTU?

cmsinaz on January 25, 2010 at 8:44 PM

“So We’re going to freeze the 2nd Stimulus package at $787 Billion.”

mankai on January 25, 2010 at 8:44 PM

We’re eating chicken and hamburger these days. Steaks and Wagyu are reserved for Scott Brown wins nights.

OmahaConservative on January 25, 2010 at 8:44 PM

Does Pelosi and Barney,know of this!!

canopfor on January 25, 2010 at 8:45 PM

Any bets he will have to make a few payoffs to get this passed, and that it will be stuffed with pork?

redshirt on January 25, 2010 at 8:45 PM

Please, give the big o a break. He must find some new things to lie about in the State of the Union.

mobydutch on January 25, 2010 at 8:41 PM

That’s exactly what he is doing. He hasn’t accomplished anything in the last year so just like last years inauguration speech he is going to tell us what he plans on doing.

thomasaur on January 25, 2010 at 8:45 PM

just as most of the costs of ObamaCare’s first decade wouldn’t start to be incurred until his second term, this freeze would be in effect smack dab during his reelection campaign in 2012, huh? Fancy that.

BFHD…. they’re at the point where they’re chucking jello at the wall and seeing what sticks.

Rudderless.

ted c on January 25, 2010 at 8:45 PM

Noted pyromaniac to announce three-year freeze in discretionary fire setting.

MB4 on January 25, 2010 at 8:45 PM

B+

So that’s how the whole one term presidency thing works.

When do we get to the awesome part?

Lily on January 25, 2010 at 8:46 PM

If McCain says it, it’s a stupid idea, if Obambi says it, it’s TOOOOooootally cool.

What a dork.

Mojave Mark on January 25, 2010 at 8:46 PM

Specifically..federal spending in Red States!!

‘I WON!!!”

BigWyo on January 25, 2010 at 8:47 PM

It’s been proven that, without question, President Obama is a serial liar.

Like everything else this administration does, I’ll judge by their actions, not their words.

visions on January 25, 2010 at 8:47 PM

He will reverse it in 3 mo…

ronsfi on January 25, 2010 at 8:47 PM

can you see nancy and harry stand up and whoop and holler when he says this during the SOTU?

cmsinaz on January 25, 2010 at 8:44 PM

cmsinaz:Watching Pelosi,with her Rapid Eye Movement,and
her jack in the box up and down,is gonna be a
hoot!!:)

canopfor on January 25, 2010 at 8:47 PM

That’s exactly what he is doing. He hasn’t accomplished anything in the last year so just like last years inauguration speech he is going to tell us what he plans on doing.

thomasaur on January 25, 2010 at 8:45 PM

In other words, more lies.

Swell

Knucklehead on January 25, 2010 at 8:48 PM

In related news, Tiger Woods announces a three-year freeze in dirty sanchez three-ways with hookers and blow, in order to reinforce his family man image.

George Orwell on January 25, 2010 at 8:48 PM

I’m glad this will cancel out the blank check that was already given to Fanny Mae and Freddy Mac for the ‘Social Engineering’ project of Barney Frank…

Oh, wait!

Seven Percent Solution on January 25, 2010 at 8:48 PM

I have announced plans to save over 1 ounce in the 55 gallon budget.

Much like the famed savings of almost $100 million in early 2009, nothing came of it. Even if it had, what is $100 million in a 1,500,000 million dollar deficit?

jukin on January 25, 2010 at 8:48 PM

The problem with a spending freeze is you’re using a hatchet where you need a scalpel

I remember when I first heard that crap, I blurted out, who the hell wants a scalpel in such inexperienced and shakey hands?

Daemonocracy on January 25, 2010 at 8:48 PM

F+

Del Dolemonte on January 25, 2010 at 8:48 PM

I hope it works out better than his ban on lobbyists.

NeoKong on January 25, 2010 at 8:49 PM

Senate Democrats draft $82.5 billion jobs plan

Top Senate Democrats have drafted an $82.5 billion “jobs” plan that would help small businesses, boost spending on road construction and mass transit, and give local governments money to retain teachers.

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/25/AR2010012503552.html

freedomplow on January 25, 2010 at 8:49 PM

If anything, it’s backtracking on its earlier plans to actually cut that area of spending.

this, I believe…

cmsinaz on January 25, 2010 at 8:49 PM

Van Jones (“Give them the wealth”)is gonna be pi$$ed!

TN Mom on January 25, 2010 at 8:49 PM

Watching Pelosi,with her Rapid Eye Movement,and
her jack in the box up and down,is gonna be a
hoot!!:)

canopfor on January 25, 2010 at 8:47 PM

She’ll go apoplectic and stroke out.

OmahaConservative on January 25, 2010 at 8:49 PM

He will reverse it in 3 mo…

ronsfi on January 25, 2010 at 8:47 PM

ronsfi:At 3:00AM,while America is sleeping!!:)

canopfor on January 25, 2010 at 8:49 PM

I hope it works out better than his ban on lobbyists.

NeoKong on January 25, 2010 at 8:49 PM

LOL!

TN Mom on January 25, 2010 at 8:50 PM

apologies to Lewis Carroll

“There’s discretionary spending for you!”
“I don’t know what you mean by ‘discretionary spending,’ ” Alice said.
Humpty Dumpty smiled contemptuously. “Of course you don’t—till I tell you. I meant ‘there’s a nice knock-down argument for you!’ ”
“But ‘discretionary spending’ doesn’t mean ‘a nice knock-down argument,’ ” Alice objected.
“When I use a word,” Humpty Dumpty said, in rather a scornful tone, “it means just what I choose it to mean—neither more nor less.”
“The question is, ” said Alice, “whether you can make words mean so many different things.”
“The question is,” said Humpty Dumpty. “which is to be master—that’s all.”

So which reporter is going to ask him if this means his “race to the top” education debacle is now off the table.

batterup on January 25, 2010 at 8:50 PM

canopfor on January 25, 2010 at 8:47 PM

you know it…will have an adult beverage for this show n tell

cmsinaz on January 25, 2010 at 8:50 PM

batterup on January 25, 2010 at 8:50 PM

Heh!

George Orwell on January 25, 2010 at 8:51 PM

In other words, more lies.

Swell

Knucklehead on January 25, 2010 at 8:48 PM

Well he can’t dazzle with brilliance so baffling with BS is all he has left.

thomasaur on January 25, 2010 at 8:51 PM

Must be nice for this administration to have the ability to raise the debt ceiling and then forecast in some distant future that they will freeze spending.
I had to freeze spending last year with no ability to raise any debt ceiling. Total disconnect.

Electrongod on January 25, 2010 at 8:52 PM

A day late and several trillion dollars short.

MrScribbler on January 25, 2010 at 8:53 PM

Top Senate Democrats have drafted an $82.5 billion “jobs” plan that would help small businesses, boost spending on road construction and mass transit, and give local governments money to retain teachers.

Wasn’t this what the ‘Stimulus’ was supposed to do???

Shovel Ready??? Hello???

Gonna need a shovel for all this horse$hit…..

BigWyo on January 25, 2010 at 8:54 PM

trickle up poverty

John the Libertarian on January 25, 2010 at 8:54 PM

She’ll go apoplectic and stroke out.

OmahaConservative on January 25, 2010 at 8:49 PM

OmahaConservative:Better put a rev-limiter on her,
so she won’t put a rod through
the block!hehe:)

canopfor on January 25, 2010 at 8:55 PM

Watching Pelosi,with her Rapid Eye Movement,and
her jack in the box up and down,is gonna be a
hoot!!:)

canopfor on January 25, 2010 at 8:47 PM

She’ll go apoplectic and stroke out.

OmahaConservative on January 25, 2010 at 8:49 PM

Well, that may make it worth watching after all.

But only with the sound off + closed captioning!

tru2tx on January 25, 2010 at 8:56 PM

Plouffe you magnificent bastard?

Ted Torgerson on January 25, 2010 at 8:56 PM

Electrongod on January 25, 2010 at 8:52 PM

have they raised the ceiling yet? I know there were talks, but don’t know if it came to fruition…

cmsinaz on January 25, 2010 at 8:56 PM

Finger. Wind. This way today. Got it, Rahm!

/Barry

Key West Reader on January 25, 2010 at 8:56 PM

OMG! What will happen to Pelosi’s little orange marsh mice now? And Murtha will be forced to divert the TWO planes from his porkalus airport! What about moving Gitmo to Illinois??

TN Mom on January 25, 2010 at 8:57 PM

canopfor on January 25, 2010 at 8:47 PM
you know it…will have an adult beverage for this show n tell

cmsinaz on January 25, 2010 at 8:50 PM

cmsinaz:My tea bags will be ready!!:)

canopfor on January 25, 2010 at 8:57 PM

Yet another pledge President Obama will break.

Mike Honcho on January 25, 2010 at 8:57 PM

Didn’t Obama say the point was just to spend money?

I can still hear his laughter in the mind to the question about that. Seems pretty inconsistent with his whole stimulus vision.

Spirit of 1776 on January 25, 2010 at 8:57 PM

but even a cosmetic gesture deserves a golf clap, no?

No.

alohapundit on January 25, 2010 at 8:44 PM

Yeh…no.

russcote on January 25, 2010 at 8:58 PM

“This will save $250 billion over the next decade, senior administration officials told reporters. By 2015, non-security discretionary spending will be at its lowest level as a component of the nation’s Gross Domestic Product in 50 years…”

Kabuki indeed. First of all, what makes these people people think that any fragment of their administration will have their hands on any of the knobs and dials of the federal machinery in 10 years?

No, more like they’re going to be holed up in some chic retirement arrangement, under a rock, writing memoirs about their “unprecedented” time in the sunshine.

Remember the recriminations that came gushing out after Clinton left office? Well, when Obammy heads for the hills, they’ll have to add another wing to the Library of Congress to just to hold all of the boilerplate tell-alls by, for, and otherwise about this clown

VoyskaPVO on January 25, 2010 at 8:58 PM

OMG! What will happen to Pelosi’s little orange marsh mice now? And Murtha will be forced to divert the TWO planes from his porkalus airport! What about moving Gitmo to Illinois??

TN Mom on January 25, 2010 at 8:57 PM

TN Mom: And the bridge to no where!!:)

canopfor on January 25, 2010 at 8:59 PM

canopfor on January 25, 2010 at 8:57 PM

:-)

it will be nice to be with HA friends during the O show…

cmsinaz on January 25, 2010 at 9:00 PM

OBAMA: The problem with a spending freeze is you’re using a hatchet where you need a scalpel.

I love it when Obama starts talkin’ tools and trucks and stuff. Take the above “hatchet”. We all know that Obama has never held one in his hand in his life. Take Scott Brown’s truck. I bet Obama would not know how to lower the tailgate.

As far as “deficit hawk”, we all know he has never ever voted to reduce spending.

DrStock on January 25, 2010 at 9:00 PM

Breaking News: Blanche Lincoln to make a big announcement tomorrow.

See ya!!!!!!!!!

lavell12 on January 25, 2010 at 9:00 PM

On his way to becoming a really mediocre one-term president.

Cicero43 on January 25, 2010 at 9:00 PM

In response to the announcement, Michael Steel, a spokesman for House Minority Leader John Boehner

Did this guy’s name confuse anyone else for a second…?

angelwing34215 on January 25, 2010 at 9:00 PM

Of course like everything else…

Politicians, bureaucrats, and unions will be exempt from this promise.

Seven Percent Solution on January 25, 2010 at 9:00 PM

That’s exactly what he is doing. He hasn’t accomplished anything in the last year so just like last years inauguration speech he is going to tell us what he plans on doing.

thomasaur on January 25, 2010 at 8:45 PM

Dead on!

Look for lots of “I have announced…” and “I call on Congress now…” in order to give the appearance of actually accomplishing something.

Call it running in place.

massrighty on January 25, 2010 at 9:00 PM

cmsinaz on January 25, 2010 at 8:56 PM

You may be right. Just talk, same as around our dinner table.

Electrongod on January 25, 2010 at 9:01 PM

Breaking News: Blanche Lincoln to make a big announcement tomorrow.

See ya!!!!!!!!!

lavell12 on January 25, 2010 at 9:00 PM

Time with family coming up.

ted c on January 25, 2010 at 9:01 PM

How about we rescind Porkulus and cut the debt that it has imposed on us?

ObaMao economics in one easy lesson: Plant a WH “kitchen garden” and fly off to NYC for a “date night.”

onlineanalyst on January 25, 2010 at 9:01 PM

Dang AP, you’re pretty prolific tonight, eh?

ted c on January 25, 2010 at 9:02 PM

“You’ve got me, teh 0″

OmahaConservative on January 25, 2010 at 9:02 PM

what he’s proposing here isn’t quite an across-the-board hatchet

I betcha it’s a nerf hatchet.

Cuts.

ted c on January 25, 2010 at 9:02 PM

Barack is going to give up his blackberry?

TN Mom on January 25, 2010 at 9:03 PM

Breaking News: Blanche Lincoln to make a big announcement tomorrow.

See ya!!!!!!!!!

lavell12 on January 25, 2010 at 9:00 PM

Whaaat?!

DrStock on January 25, 2010 at 9:03 PM

OBAMA: The problem with a spending freeze is you’re using a hatchet where you need a scalpel.

uhm, i think michelle used a hatchet.

jbh45 on January 25, 2010 at 9:03 PM

Just words.

Philly on January 25, 2010 at 9:04 PM

I love it when Obama starts talkin’ tools and trucks and stuff. Take the above “hatchet”. We all know that Obama has never held one in his hand in his life. Take Scott Brown’s truck. I bet Obama would not know how to lower the tailgate.

As far as “deficit hawk”, we all know he has never ever voted to reduce spending.
DrStock on January 25, 2010 at 9:00 PM

One day, the missus and I ran into a local pol doing a meet’n'greet.

After she shook hands with him, she told him she didn’t trust him, because it was clear he didn’t know what hard work was.

He asked why she said that; she said “there are no calluses on your hands.”

Can you see Obama swinging a hammer? Or wielding a chain saw?

I thought so.

massrighty on January 25, 2010 at 9:04 PM

Dude’s about as reliable in this matter as China is with Copenhagen.

CWforFreedom on January 25, 2010 at 9:05 PM

Ah, the trademark “In all fairness…” AP post.
Ask for it by name.
Accept no substitutes.

Dr. Carlo Lombardi on January 25, 2010 at 9:05 PM

I’m glad this will cancel out the blank check that was already given to Fanny Mae and Freddy Mac for the ‘Social Engineering’ project of Barney Frank…

Oh, wait!

Seven Percent Solution on January 25, 2010 at 8:48 PM

Seven Percent Solution:Not exactly!!!
=======================================

Christmas Surprise – Fannie Mae and Freddie Mac Get Bailout
===========================================================
Christmas Surprise – Fannie Mae and Freddie Mac Get Bailout
December 28th, 2009 • Related • Filed Under
Filed Under: Real Estate
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!

For those caught in the Home Affordable Modification Program, you have my prayers. For the most part the government has let you down. But that same government sure moves quickly to cover their own behinds.

For Fannie Mae and Freddie Mac they got a special Christmas present. The 400 billion dollar loan cap was lifted late on Christmas Eve while everyone was home with their families. Well, many were home with their families. That is, if their home has not been foreclosed upon.

Well, you understand.

But to make it clearer, here it is again.

For those well connected to the government, a fast acting and effective program.

The Obama administration’s decision to cover an unlimited amount of losses at the mortgage-finance giants Fannie Mae and Freddie Mac over the next three years stirred controversy over the holiday.

The Treasury announced Thursday it was removing the caps that limited the amount of available capital to the companies to $200 billion each.

Unlimited access to bailout funds through 2012 was “necessary for preserving the continued strength and stability of the mortgage market,” the Treasury said. Fannie and Freddie purchase or guarantee most U.S. home mortgages and have run up huge losses stemming from the worst wave of defaults since the 1930s.via WSJ

And for the common people, a failed program.

The net results have been paltry: Just 31,382 borrowers nationwide had received permanent loan mods as of Nov. 30 under the Home Affordable Modification Program (HAMP), the Treasury Department reported. Meanwhile, First American CoreLogic says that 1.7 million homes are likely to be lost to foreclosure next year.

“HAMP is turning out to be something of a disaster,” said Lisa Sitkin, an attorney at Housing & Economic Rights Advocates in Oakland, who works with many struggling borrowers. “There are delays and lost steps at every turn. The bureaucratic requirements are endlessly frustrating.” via SFGate

Read it and weep.
————————————————

http://www.therealestatebloggers.com/2009/12/28/christmas-surprise-fannie-mae-and-freddie-mac-get-bailout/

canopfor on January 25, 2010 at 9:05 PM

We needs massive cuts from where we are. A freeze and it just means the US goes bankrupt one month later than without.

pedestrian on January 25, 2010 at 9:05 PM

“Alex Conant says it’s kabuki.”

Thanks, now I know what they are laughing at here.

Dusty on January 25, 2010 at 9:06 PM

There they go again, talking about thay pesky Cornhsker Kickback. Damn, Judas!

OmahaConservative on January 25, 2010 at 9:06 PM

Whaaat?!

DrStock on January 25, 2010 at 9:03 PM

She put out a press release saying she has a big announcement for tomorrow morning, and the guess is that she isn’t running again.

lavell12 on January 25, 2010 at 9:06 PM

It’s like the corner quickie mart raising a gallon of milk from $3.29 to $3.89 then putting it on sale for $3.59. Only the quickie mart won’t do that because people have to pay with real money. When it’s Obama money, though, then it’s ok.

JustTruth101 on January 25, 2010 at 9:06 PM

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