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Obama's proposed spending freeze: way too little, way too late





Is it that Obama is foolish, or is it his advisors that are stupid? You have to wonder why the White House has decided to make a big deal about freezing spending on 17% of the federal budget. This can only invite scrutiny such as this chart: spending is off the charts, and freezing a tiny portion of it is not going to make any difference. We're talking about a budget that will soon reach $4 trillion, and Obama thinks that spending $20 billion less over the next year is a big deal?

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