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One News Now: PERSPECTIVES: The spender-in-chief's fiscal freeze follies by Michelle Malkin - Syndicated Columnist January 27, 2010
There are more loopholes in President Obama's proposed "spending freeze" than in an Olympic volleyball net. Gargantuan government entitlements (Social Security, Medicare and Medicaid) are exempt. A half-trillion in unspent stimulus money is exempt. Foreign aid is exempt. The Democrats' proposed $154 billion jobs bill (Stimulus II) is exempt.
Pet federal
education programs will be exempt (including $4 billion for the White
House "Race to the Top" standards initiative and an additional $1.35
billion he just requested in the 2011 budget). Green jobs spending will be
exempt. (Obama proposed $10 billion in new clean energy spending earlier
this month.) Electorally driven tax-credit expansions will be exempt. The
healthcare takeover plan is not included. As even The New York Times
reported, the "estimated $250 billion in savings over 10 years would be
less than 3 percent of the roughly $9 trillion in additional deficits the
government is expected to accumulate over that time."
The current
Spender-in-Chief unveiled details of this lofty new work of political
fiction on Monday with more fanfare than a new Twilight title. It
was supposed to be the centerpiece of the State of the Union address. But
by Tuesday morning, Obama's illusion of fiscal discipline had been
shredded left, right and center. By Tuesday afternoon, irritated White
House spokesman Robert Gibbs was already downplaying the gimmickry. It's
just something Obama will "mention," Gibbs bristled.
So, he had a
hatchet on Monday when he wanted headlines praising his return to
austerity in the wake of the GOP's Massachusetts Senate victory; a scalpel
on Tuesday when he needed to mollify the big-government left. What will he
wield at the State of the Union address on Wednesday night? A
variable-speed Dremel rotary tool?
COPYRIGHT 2010 CREATORS SYNDICATE, INC.
Michelle Malkin (malkinblog@gmail.com) is author of "Culture of Corruption: Obama and his Team of Tax Cheats, Crooks & Cronies" (Regnery 2009).
Opinions expressed in 'Perspectives' columns published by OneNewsNow.com are the sole responsibility of the article's author(s), or of the person(s) or organization(s) quoted therein, and do not necessarily represent those of the staff or management of, or advertisers who support the American Family News Network, OneNewsNow.com, our parent organization or its other affiliates.
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At OneNewsNow.com, you will get your news from reporters you can trust to give the latest news without the liberal bias that characterizes so much of the "mainstream" media.
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