Network News

X My Profile
View More Activity

Obama pledges action to rein in federal deficits

By Anne E. Kornblut
Pledging to curb federal budget deficits, President Obama used his weekly radio address Saturday to praise the Senate's passage of a measure requiring that increased spending be offset with cuts and to tout his proposed freeze on non-discretionary budget spending.

"As we work to create jobs, it is critical that we rein in the budget deficits we've been accumulating for far too long - deficits that won't just burden our children and grandchildren, but could damage our markets, drive up our interest rates, and jeopardize our recovery right now," Obama said.

Since his State of the Union address Wednesday, Obama has been spending a mostly quiet weekend in Washington, his advisers said, before heading to New Hampshire Tuesday. He meets with former President George H.W. Bush at the White House on Saturday -- a closed meeting, aides said -- and his senior adviser, David Axelrod, is slated to appear on "Meet the Press."

Obama, in his radio address, once again compared a family's budget to what the government must do.

"There are certain core principles our families and businesses follow when they sit down to do their own budgets. They accept that they can't get everything they want and focus on what they really need. They make tough decisions and sacrifice for their kids. They don't spend what they don't have, and they make do with what they've got," he said.

He continued: "It's time their government did the same. That's why I'm pleased that the Senate has just restored the pay-as-you-go law that was in place back in the 1990s. It's no coincidence that we ended that decade with a $236 billion surplus. But then we did away with PAYGO - and we ended the next decade with a $1.3 trillion deficit. Reinstating this law will help get us back on track, ensuring that every time we spend, we find somewhere else to cut."

He also repeated his call for a bipartisan commission that would propose steps to reduce the deficit, a panel he pledge to create by executive order during his State of the Union address. The Senate voted against creating such a commission this week.

"It failed when seven Republicans who had co-sponsored this idea in the first place suddenly decided to vote against it," Obama said in the weekly address. "Now, it's one thing to have an honest difference of opinion about something. I will always respect those who take a principled stand for what they believe, even if I disagree with them."

"But what I won't accept is changing positions because it's good politics. What I won't accept is opposition for opposition's sake," he said. "We cannot have a serious discussion and take meaningful action to create jobs and control our deficits if politicians just do what's necessary to win the next election instead of what's best for the next generation."

By Anne E. Kornblut  |  January 30, 2010; 6:00 AM ET
Categories:  44 The Obama Presidency , Barack Obama  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: C-SPAN to replay Obama Q & A with House Republicans
Next: Obama courtside for Georgetown vs. Duke


Even when Obama meets with Republicans in a supposed bi-partisan way, he seems impatient with their ideas, dismissing them with a "yes, I read that" and then immediately goes into a convoluted outline of HIS ideas. I think he and John Edwards ought to be locked in a room together - with their totally self-absorbed egos they wouldn't even notice the other one there.

Posted by: Georgetowner1 | January 30, 2010 6:38 PM | Report abuse

Here's 25 MILLION that you could have NOT GIVEN AWAY, YOU LYING FREAK!

"Despite President Obama's long history of criticizing the Bush administration for "sweetheart deals" with favored contractors, the Obama administration this month awarded a $25 million federal contract for work in Afghanistan to a company owned by a Democratic campaign contributor without entertaining competitive bids, Fox News has learned.

The contract, awarded on Jan. 4 to Checchi & Company Consulting, Inc., a Washington-based firm owned by economist and Democratic donor Vincent V. Checchi, will pay the firm $24,673,427 to provide "rule of law stabilization services" in war-torn Afghanistan."

Posted by: easttxisfreaky | January 30, 2010 4:32 PM | Report abuse

A Constitutional Amendment requiring a balanced budget is the only way to make the President, Congress and Senate to balance the Federal Budget.
The Senate and Congress cannot agree on simple things. The time is now for American Citizens to recapture their rights.

Posted by: tanderson4 | January 30, 2010 3:48 PM | Report abuse

How to cut the budget deficit by $2Trillion and create 10Mill high paying Jobs:

1st, end the Iraq War. This will save us $1Trillion over the next 10 years, at least.

2nd, end the Afghanistan War. This will save us another $1Trillion over the next 10 years, at least.

3rd, Cut the US Military budget by 30%, this will save us $2Trillion over the next 10 years, at least.

4th, Provide American people with Universal health care as they have in all European countries, this will SAVE the American Government and People another $1Trillion per year at least, since in all countries
that have real Universal (single payer) health care system health care is taking 8% of GDP whereas in US where we have for profit health care system health care is taking 18% of GDP.

U can read full article here:

Posted by: RealNews1 | January 30, 2010 3:42 PM | Report abuse

Odumbo is kinda like a clown on fire: kinda funny, kinda sad.

Posted by: tjhall1 | January 30, 2010 3:31 PM | Report abuse

yamamah. Very interesting comment. There are dozens of comments currently post and NOT one of them makes any reference to the president's color, but YOU. Its not about race dumb**s, its about policy. Suggesting that barack is not liked because of his color, is like blaming all the problems on Bush. Oh yeah, your side already does that.

Posted by: mike9270 | January 30, 2010 3:19 PM | Report abuse

If he does not cut military and defense and intelligence spending and procurement and R&D then he simply is not serious about cutting spending. Given that we spend more on it than the entire rest of the world combined and we have around 1000 foreign bases, I think we have plenty of room to make big cuts.

Posted by: Wildthing1 | January 30, 2010 3:11 PM | Report abuse

We fix the defecit by giving weapons to Taiwan so they can invade China and forgive all of our debt...

Posted by: ozpunk | January 30, 2010 2:53 PM | Report abuse

He speaks with forked tongue. As he talks reducing the deficit on the one hand he talks spending on the other. Not until he puts it on the table in black and white is he believable. The markets don't trust him, which is why they're tanking now.

Posted by: crumppie | January 30, 2010 2:44 PM | Report abuse

It's too late......he's already spent us into oblivion

Posted by: sanfordflg | January 30, 2010 2:29 PM | Report abuse

One and done.

Posted by: waterfrontproperty | January 30, 2010 2:28 PM | Report abuse

"Obama pledges to curb deficits"
Forget conan and leno - NOBODY, ABSOLUTELY NOBODY is better at telling jokes than hussein!

Posted by: TeaPartyPatriot | January 30, 2010 2:15 PM | Report abuse

Please, does anyone buy this crap...Obama cant even PLEDGE ALLEGIANCE to our United States Flag, .....gimme a break....people of all races, education level and backround are finally beginning to see what Hillary saw in the Campaign, and, to quote Hillary is hard for this GOP guy to do...but we agreed on one thing and that is HE IS ALL TALK AND NO ACTION!

Posted by: Fred23 | January 30, 2010 2:10 PM | Report abuse

Anyone looking for an exact definition of a demagogue need look no farther than our illustrious Obama.

Posted by: GordonShumway | January 30, 2010 2:09 PM | Report abuse

Obama reminds me of the burglar who robs your home one day then shows up the next to sell you an alarm. After submitting the largest annual budget ever last spring, Obama scheduled a fiscal responsibility conference. After signing the now $850B stimulus package, he talked about getting the fiscal house in order. During the State of the Union address he said he would put a freeze on a little spending in 2011 and then went on to name numerous spending initiatives in 2010. The contempt he has for the average citizen is staggering. He must think we're all drinking his kool-aid or are all just simply stupid.

A day after saying he wouldn't have lobbyists in his administration, he appointed a Raytheon lobbyist as Dep SECDEF and goes on to hire numerous more lobbyists. Just weeks after saying no more earmarks, he signs a bill with 9000+ earmarks. A pledge of transparency is met with bills not being read, 100s of pages of legislation being added just hours before votes, backroom deals, bills written and debated behind closed doors (C-SPAN) and bills not put online for the American people as promised. Instead of no more "business as usual", the incompetence of spending taxpayer dollars is worse than ever. And there is no responsibility or accountability.

I don't like either party as I think the repubs were grossly irresponsible as well. But Obama was supposed to be "change you can believe in". If you believe this change is for the better, than you are an ideologue who will believe anything and have no clue what the consequences are of trillion dollar annual deficits.

Posted by: Tostitos | January 30, 2010 1:56 PM | Report abuse

Instead of running around in the dark, repeating the same mistakes that other failed states made in the past, perhaps Obama and his people should take a breather and read a little history. No nation in all of history has survived the destruction of tariff walls and nonsense like "free trade". I would suggest reading Simon Schama's "Citizens - A chronicle of the French Revolution", but there are plenty of others. The French permitted their corporations, banks, and investors to outsource jobs, they had free trade and called it "free trade", too. They gave access to their national treasury to the wealthy, propping up banks, "rescuing" corporations. Then, one day, when they found themselves nearly bankrupt, they tightened the money supply and "balanced the budget". The rest is history - distrust of government and institutions spread, "domestic terrorists" were arrested, France experienced a series of revolts and counter-revolts, protests, violence, major and minor revolutions, followed by draconian dictatorships, attempts to reinstall the old government, and it all fell apart. That IS our future as we are marching lockstep down the same path. We need adults in charge in Washington, not squabbling children, mindless fools that haven't learned histories lessons.

Posted by: mibrooks27 | January 30, 2010 1:55 PM | Report abuse

I must say in an aside, President Obama is totally lacking in social manners and gentility. President George H.W. Bush, 85-years old, paid a social visit to the White House and was seen leaving only 35 minutes later. That short amount of time is the shortest visit to White House in the history of this country. Obama is a total rube. Why doesn't someone with a little savvy pull this yokel aside and clue him in on the most important social etiquette.

Obama's gifts to heads of state have caused an uproar heard around the world. He is a total embarrassment to this great country.

Posted by: prossers7 | January 30, 2010 1:51 PM | Report abuse

Most of the 'comments' are negative, as usual, condidering their sources. Once again I would like to remind the non-thinking wing nuts that Obama IS the duly elected President of the USA and his color will not change. Get a life! Better still, trace your family history.

Posted by: yamamah | January 30, 2010 1:35 PM | Report abuse

Obama Pledges to curb Deficits? Hahahahahahah, Obama finally found something he is good at. Stand up Comedy!

Posted by: robtr | January 30, 2010 1:29 PM | Report abuse

DEMOs including Obama are just going to load up squandering on all their pet projects before they lose their majority next November and their lameducks are forced out of office in January.

Posted by: gurg | January 30, 2010 1:20 PM | Report abuse

"Facts are stubborn things."

Yes, particularly the one where Obama has doubled Bush's 8 years of fiscal mismanagement in just 1 year.

And while Reagan tripled the debt, the amount compared to today is a rounding error.

You're right. Facts really are stubborn things. The difference is that you're only giving part of the facts.

Obama and the democrats in congress add more to the debt in 3 months than Reagan did in 8 years.

Let's be real here. Obama likes the idea of being president, throwing parties, going places, dressing up nice, and having people take him seriously, but the *JOB* of being president is something that bores him, so he leaves it to the likes of Pelosi, Reid, and Neopolitano.

People keep saying how smart he is, but everything he does is ill-considered and sophmorish. I thought Carter was the worst president in my lifetime, but Obama zoomed by him in one year.

Posted by: Ombudsman1 | January 30, 2010 1:13 PM | Report abuse

The Obama Plan
What is Obama trying to do with all this spending? He is trying to cause a collapse. Why would he cause a collapse? A collapse is the only way that you could stage a massive takeover of the united states. He has already built the frame work for this takeover. So what is holding him up. The Health Care bill is a key part in causing this collapse. The amount of money that will be required to fund the Health Care bill is a key player. If the Health Care bill passes; Then other planned bills will complete the collapse process. This is why I have called on every single American to do whatever is in their means to stop this takeover. May GOD walk with you and protect you in your journey to save America. The Anti-Christ is here and his name is Obama.

Posted by: makom | January 30, 2010 1:08 PM | Report abuse

The Congress had Pay-Go in place in the '90s. Every time it became an impediment to funding what they wanted to do, they voted to grant themselves a waiver. Anyone think it's going to be different this time? Pay-Go is just another sham, intended to fool us dummies.

Posted by: rbpjlh5 | January 30, 2010 12:46 PM | Report abuse

This version of pay-as-you-go sounds more like pay-to-play!

Posted by: Jimbo77 | January 30, 2010 12:30 PM | Report abuse

Obama increased the budget by 24%, will not begin the budget freezes until 2011, thereby locking in the increased dollars for three more years, and now plans to spend an additional nearly $1TT more than budgeted. Now he wants us to believe that he is serious about reducing the deficit.

China literally owns the US, is angry with us over our proposed arms sales to Taiwan, and is levying sanctions on American businesses. Just what country does Obama think is going to buy our paper?

Posted by: mike85 | January 30, 2010 12:30 PM | Report abuse

This supreme Court decision, Utahreb, was on movie "Hillary" to stop the prohibition of this movie. It was not on anything else to begin with. Other stuff was later involved and involved artificially. Bribes and money investments into election campaigns were, are, and would be huge, and , of course, corporations and unions can pay more than individuals. It, however, does not change the fact that the movie "Hillary", which shows than our SOS is the heavy criminal, should NOT be withdrawn from public attention. That is what the judgement of Supreme Court was about. It would be nice to get rid of murderers and murderesses on the top of the government. Maybe, then the theft of tax payers money would become smaller also. Anyhow, it looks that Obama wants to become the next, of whom the government would get rid of. He ignores MA election's experience, screams on Supreme Court justices during the state of the union address. And the last and the best thing-he is protecting Mrs. Clinton. This kind of action was the straight fall to all politicians before him, and would be for him also.

Posted by: aepelbaum | January 30, 2010 12:29 PM | Report abuse

If we are serious about cutting the deficit, then why not a spending freeze on the Department of Defense? One of the most derelict and expensive departments in government. Waste, fraud, downright theft goes on in that department daily - start with cleaning up the mess in the DoD and cut costs tremendously.

OR - and this is a "never happen" idea - stop the Congress from giving itself a raise every year! Plus - stop the 75% subsidy we, the taxpayers, pay for the Congressional members' health insurance plan. After all, we have to pay for our own, so why shouldn't they?

And start term limits for Congress! We have too many professional politicians who enrich themselves with the donations (bribes) from corporations and big businesses. Now, with the recent Supreme Court decision on corporations being the same as individuals, the bribes will be even bigger.

Posted by: Utahreb | January 30, 2010 11:56 AM | Report abuse


is like the arrogant tourist who goes to another country

and is OUTRAGED the natives do not understand English

so he YELLS each word

and thinks THEY are the stupid ones.

even after Massachusetts..............

Posted by: ProCounsel | January 30, 2010 11:53 AM | Report abuse

This empty suit manchild is getting on everyone's nerves.

2012 cannot come soon enough.

Posted by: DCer1 | January 30, 2010 11:49 AM | Report abuse

Obama speaks loudly and carries a small stick.
Posted by: JCM-51
Just ask the Taliban in Pakistan, that shot down a drone with an anti-aircraft gun. 4 hellfire missiles later, the gun destroyed, local leader in a car killed, the safe house hit, with a total of 9 terrorists dead. All presidents spend more, tax less, increasing deficit during a recession, from FDR to Reagan to both Bushes to Obama. The prize for increasing the deficit as a % of national debt for the last 6 presidents goes to Reagan, he tripled it. The prize for the least Clinton 22%. Facts are stubborn things.

Posted by: jameschirico | January 30, 2010 11:44 AM | Report abuse

Where's the Post's coverage of Obama shutting down NASA's Constelation Program? If he want's to cut deficits then stop wasteful spending starting with career welfare collectors. They cost the taxpayer more than NASA's budget with NO RETURN on the money. At least with NASA not only the country benefits, the whole world derives benefits from NASA's work. Of course this would be alien to a community organizer's thinking!

Posted by: TexRancher | January 30, 2010 11:40 AM | Report abuse

President Obama votes on how best to help the econ: "Present".

Posted by: majcsmith | January 30, 2010 11:39 AM | Report abuse

Republican hypocrisy is amazing....

Slimeballs like Orrin Hatch are truly insufferable...

GOP Senator Orrin Hatch is now warning that if Dems pass health care reform via reconciliation it will lead to permanent “war” between the two parties — even though he voted for more than a half dozen GOP bills passed through the process known as...reconciliation.

Declaring "Permanant war"??

That's the GOP's idea of bipartisanship?

It's not just that Hatch supported the use of reconciliation throughout the Bush years, it's also that Hatch has been a leader among Republican senators who have over the last year abused the filibuster in historic fashion.

For the first time in our nation's history, every single major piece of legislation -- and every major confirmation -- in the Senate has been subjected to the filibuster.

That's why you have senators like Jim DeMint calling for health care to be President Obama's "waterloo."

Republicans need to grab a mop, or stand aside while President Obama cleans up the huge huge mess they left.

Posted by: losthorizon10 | January 30, 2010 11:35 AM | Report abuse

"Now, it's one thing to have an honest difference of opinion about something. I will always respect those who take a principled stand for what they believe, even if I disagree with them."

It's all about Obama as ususal.

Posted by: shewholives | January 30, 2010 11:34 AM | Report abuse

I think the best way to reduce the deficit is to vote Obama and his henchmen out of office.

Posted by: get_it_right | January 30, 2010 11:27 AM | Report abuse

obama has a "deficit of trust"

that he got the old fashioned way

obama EARNED it

Posted by: ProCounsel | January 30, 2010 11:13 AM | Report abuse

Right now there is NO WAY an IMPEACHMENT for incompetence and malfeasance could take place. He has too many fellow traveler Progressives in the House.

The House is where the IMPEACHMENT takes place, which Clintoon taught us.

Impeachment is the pol's version of an INDICTMENT.

The TRIAL, again, thanks Clintoon, TAKES PLACE IN THE SENATE, again, too blue to convict RIGHT NOW.

But, BUT. NOVEMBER IS COMING. 39 weeks to election day.

We have to get rid of all the DeamonRAT scum in the House. ALL of the seats are up for grabs. Then, if the Tea Party/Conservative/Libertarians win, after having pushed the ReBOOBS aside to commandeer their Party's seats so as to not have to 'INVENT' a third party, THEN, we would have the votes to IMPEACH in the House.

Since only 32 Senate seats are 'up' this time, having enough votes to directly convict is doubtful BUT the objective is to get rid of this COMMIE TRASH from the White House and the PRESSURE to resign due to the IMPEACHMENT would be virtually unstoppable.

Osoviet would be dead meat, finished politically.

Posted by: mipost1 | January 30, 2010 11:13 AM | Report abuse

Oh yeah. now, all those that believe this and think it will happen please call me . . . I have several large East Coast bridges I'd like to sell you.

Posted by: rplat | January 30, 2010 10:59 AM | Report abuse

1% of the budget is a freeze? Does this guy think everyone is as dumb as his constituency? The problem with Obama is he has been a leader of Moran's as community organization and now when he has to deal with real honest intelligent people he is no match for us. He has got to be the dumbest president we have ever had. He may have graduated from college but I don't know how. The feeble attempt to try and prove to the American people he is listening is and insult to our intellegence and an embarrassment to our country. To think we Americans elected this Marxist hack. To castigate the supreme court and not even understand the ruling and then talk to elected congress member as he they where children is absolute terrorism. His stupid tirades are no different then a lecture form Chavez, Castro, or any other dictatorial ignorant ideolog. IMPEACH HIM!

Posted by: tri5 | January 30, 2010 10:58 AM | Report abuse

In today's episode of "Phantom President" starring Barack Obama, Barack will lecture us on how he intends to cut the deficit he quadrupled, by freezing spending on 10% of the smallest programs after increasing the budgets on federal agencies by upwards of 50%. Pay attention now students! What a joke! And now a word from our sponsor-"Fruit Loops"!

ABSOLUTELY PERFECT!!! Couldn't have said it any better!!

Posted by: franklinone | January 30, 2010 10:54 AM | Report abuse

The more Obama speaks the less he says.

Posted by: Jerzy | January 30, 2010 10:46 AM | Report abuse

If the TARP and Stimulus money are added to our Nat'l Debt that the People are responsible for paying back, then, WHY THE HELL DIDN'T IT GO TO US FIRST TO PAY OFF OUR CURRENT DEBTS??? THE money was destined for the BANKS anyway! It could have cleared up all of our debts first before it got to the bank!

All our creditors would have their receivables zeroed. They'd avoid bankruptcy. The People would avoid foreclosure. Small business would have tons of cash coming in, FORCING THEM TO HIRE WORKERS. DUH!

Posted by: mipost1 | January 30, 2010 10:37 AM | Report abuse

I can only hope our media will clearly communicate that the freeze he proposes is AFTER having vastly raised spending - he has no intention of reducing government's footprint nor its spending.

Is Obama doing another Alinsky push and does he really believe he can pull wool over the peoples eyes with half truths and mirrors?

What fascinates me is the fighting, professoral tone he has decided to take recently - it is so divisive and off putting - how does he think that will bring people together or does he even care?

Posted by: sally62 | January 30, 2010 10:24 AM | Report abuse

JCM-51 wrote:

Obama can start here (figure the odds):

Pelosi's military travel cost the U.S. Air Force $2,100,744.59 over two years – including $101,429.14 for in-flight expenses, including food and alcohol.

Pelosi used Air Force aircraft to travel back to her district at an average cost of $28,210.51 per flight.

Exactly. But, that shows you the runaway defense expenditures we have been running up into our budget. Pelosi's flight cost that much after dollar cost averaging for already existing planes. The real cost is that we already have to maintain and operate so many. The simultaneous wars have increased the Pentagon budget 90% under Obama and Bush.

Posted by: magnifco1000 | January 30, 2010 10:19 AM | Report abuse



He is determined to break the USA into penury, folks. We'll be like old Commie Soviet Union with 'babuskas' sweeping up at the D.C. monuments for whatever pennies they can scrounge from the Chinese tourists.

My best advice to our YOUNG PEOPLE today is to LEARN CHINESE AND GET THE HELL out of America and make a fortune overseas and send a little bit of it back to your old relatives back here and God Bless you.

Posted by: mipost1 | January 30, 2010 10:18 AM | Report abuse

This is nonsense. Defense, national security and entitlements are 70% of the budget. Defense has grown nearly 90% now between Bush and Obama and is out-of-control.
Entitlements could be ok, but require massive restructuring to work properly. Otherwise, they will bite up even more of the budget. Only these two options, tackling massive national security/defense expenditures and restructuring entitlements will restore fiscal security to the USA.

Posted by: magnifco1000 | January 30, 2010 10:13 AM | Report abuse

Obama can start here (figure the odds):

Pelosi's military travel cost the U.S. Air Force $2,100,744.59 over two years – including $101,429.14 for in-flight expenses, including food and alcohol.

Pelosi used Air Force aircraft to travel back to her district at an average cost of $28,210.51 per flight.

Posted by: JCM-51 | January 30, 2010 10:09 AM | Report abuse

For Wall Street and corporations? Staggering amounts of free money.

For regular people? Deficit reduction.

And what is the difference between Bush and Obama again?

Posted by: geezjan | January 30, 2010 10:03 AM | Report abuse

Facts: the proposed so called "freeze" does nothing but cement in place huge spending increases and will prevent the next congress from cutting costs. For examples, this freeze locks in place 20% hikes and stops any truly 'responsible' senators or congressman from getting rid of unnecessary 'commissions', 'committees' or healthcare proposals.

It freezes into place outdated commissions, committees, and agencies which should be abolished and which would immediately create money supply for required and justified consitutionally directed government.

Obama and his administration is nothing more than a group of scam artists, playing the age old game of 'misdirection' in order to continue to 'milk' the system to meets their own greed at the expense of the productive people and business; to supply the lazy, unproductive forces as they are afraid of what they would do if they really had to produce and create something. They are merely takers - it is all he knows how to do and all he has ever done. Take, take, take,....with a unscruplous marketing team who knows how to spin it- backed by a media who is 'on board' with all of it. .

Posted by: arbednelra | January 30, 2010 9:57 AM | Report abuse

When BOFA had restrictions on their bailout money that they could pay their CEO's only $500,000 a year then they turn around and pay back the loan so it seems they did not need any money at all. Everyone wanted bailout money with no restrictions..soon the Czar placed restrictions on the money then they pay it back. How about this...Bush says oh we have to bail everyone out...the next admin comes in says but we have to have restrictions on that money so now the money is given back. Its smells of lot of rats running around trying to get away with robbing the American people and they finally got caught. Bush was giving away the farm before he left office. Why wasn't the senate and house watching out for our backs? Republican and democrats..where were your mouths then.

Posted by: mac7 | January 30, 2010 9:53 AM | Report abuse

Yeah, and drunk pledges to only have 9 shots of whiskey instead of 10 shots. Yeah, that's really getting on the wagon. You're doing a great job there!!! NOT!!!


Posted by: A1965bigdog | January 30, 2010 9:43 AM | Report abuse

If "Pay-Go" is really in effect than cap and trade and Obama care are dead. Both programs, no matter what the whitehouse says are huge debts on America. Cap and trade is a businss and job killer that will drain money and jobs from America... drain as in huge drain. Obamacare will increese our debt like nothing before it. Just one of those programs is enough to break us forever.... together they will distroy America. But then again I believe that is President Obama's dream anyway.

So true Pay-Go ends both those Marxist programs. But it will not be true Pay-Go .... never was and never will be until we end encumbants strangle hold on our country with short term limits for congress.

Posted by: markandbeth92 | January 30, 2010 9:43 AM | Report abuse

In today's episode of "Phantom President" starring Barack Obama, Barack will lecture us on how he intends to cut the deficit he quadrupled, by freezing spending on 10% of the smallest programs after increasing the budgets on federal agencies by upwards of 50%. Pay attention now students! What a joke! And now a word from our sponsor-"Fruit Loops"!

Posted by: yankee11 | January 30, 2010 9:39 AM | Report abuse

Nice idea, but Obama will have to work around Republican in Congress who votes against PAYGO for purely political reasoning.

Posted by: parkerfl1 | January 30, 2010 9:36 AM | Report abuse

Yah right! he raises the budget of the EPA by 35% then proposes to freeze it at that level. All smoke and mirrors!!!

Posted by: Jimbo77 | January 30, 2010 9:23 AM | Report abuse

Before he announced his "freeze" (which is less than .5% of the ENTIRE budget--BIG WHOOP)he conveniently increased the Federal discretionary spending by 24%. So what he has done is to keep it right at this increased level.

If this is passed, Congress will essentially be unable to cut discretionary spending back. What a concept of fiscal responsibility. He must think we are all a bunch of morons.

Posted by: kavalair | January 30, 2010 9:20 AM | Report abuse

I suspect President Obama will make a genuine effort to reduce the deficit.

I'm reminded that in my lifetime two presidents incurred more toward the deficit in there terms than all the other presidents who had gone before them--Ronald Reagan and George W. Bush. I find the GOP harping on the deficit to be hypocritical since their own people created so much of it.

Posted by: tinyjab40 | January 30, 2010 9:20 AM | Report abuse

warhawk11 wrote>>>To bad for Obama that his spending freeze is only going to save 15B! Yea like that's going to cut the deficit!

Well - we gotta start somewhere.
Bush certainly NEVER proposed cutting the deficit - and in 8 years NEVER vetoed a spending bill!

Bush vetoed stem cell research - but NEVER a spending bill.

Posted by: angie12106 | January 30, 2010 9:14 AM | Report abuse

He keeps chilling the heat he puts into economic confidence.

Posted by: blasmaic | January 30, 2010 9:12 AM | Report abuse

President Obama's 2011 federal budget proposal will assume receipt of billions of dollars in revenue generated from the cap-and-trade program even though that proposal appears now to be all but dead in Congress.
"The White House told Sen. John Kerry's office that the president plans to assume revenue from the controversial climate policy approach. Kerry aides said they had assurances the revenue won't be designated for issues unrelated to energy policy and combating climate change.
"Obama last year proposed in his fiscal 2010 budget that a cap-and-trade program would raise some $650 billion over 10 years via a full auction of emission credits, with the money primarily going to pay for middle-class tax cuts and development and deployment of clean energy technologies," Energy and Environment News senior reporter Darren Samuelson wrote in the publication that is subscription-only.
Obama repeated during his State of the Union address Wednesday evening his hope that Congress would pass the energy reform bill that featues as its anti-global warming centerpiece establishment of a cap-and-trade program of government credits for carbon emissions reductions that businesses would buy and sell.
The proposal's main Senate co-sponsors are Sen. Barbara Boxer, the California Democrat who is chairman of the Environment and Public Works Committee, and Kerry, the Massachusetts Democrat. A similar bill co-sponsored by Representatives Henry Waxman of California and Ed Markey of Massachusetts was approved by the House last year.
The House bill projects cap-and-trade revenues of $873 billion.
Whether it's the $650 billion projected by the Senate bill or the $873 billion of the House bill, it appears highly unlikely, to put it charitably, that either measure will make it to Obama's desk with the cap-and-trade program intact. That means Obama will be counting phantom revenue as part of his next federal budget proposal.
But then Obama's $787 billion economic stimulus program has produced two million phantom jobs located in phantom zip codes in phantom congressional districts, so perhaps nobody should be surprised to see phantom revenues in a White House budget proposal.

Posted by: nosuchluck | January 30, 2010 9:11 AM | Report abuse

LadyChurchill wrote>>>This is another one of the presidents lying tricks to try to fool the American public into believing that he cares about wasteful spending when in fact he is throwing our money out by the handful

Is that you, Hannity?
Actually, government money is keeping the country afloat now - and if Obama made drastic cuts to cut the deficit the economy would plummet.
Or perhaps you like the GREAT RECESSION Bush left us?

Reagan, Daddy Bush, & Baby Bush all left office with HUGE debts and deficits!
And yet Republicans claim they hate "big government."

Posted by: angie12106 | January 30, 2010 9:10 AM | Report abuse

To bad for Obama that his spending freeze is only going to save 15B! Yea like that's going to cut the deficit!

Posted by: warhawk911 | January 30, 2010 9:10 AM | Report abuse

is this obama's attempt at shutting the barn door after all the livestock has escaped? obama is all about rhetoric, flowery speeches. all go and no show. a year in office with a democratic controlled house/senate and what does he have to show for it for all, all u.s. citizens. sure, obama has done well for speical interest groups, special groups amongst u.s. citizens. this is about obama now, not any former administration in american history.

Posted by: joey3 | January 30, 2010 9:06 AM | Report abuse

The Party of Deception (D) needs to look beyond MA and the rout this Fall by the Republicans. Those are all now assured defeats. But who will they trot out in '12 as their Presidential candidate? Certainly not the Deceptive Arrogant Hack Barry (ACORN S.E.I.U. MAO) Soetoro again.

Posted by: jas7751 | January 30, 2010 9:06 AM | Report abuse

LOL !!

Posted by: jas7751 | January 30, 2010 9:04 AM | Report abuse

Great weekly radio address!!
Glad Obama pointed out that Republicans are engaging in politics rather than policy.

Get informed - turn off Faux News!

Posted by: angie12106 | January 30, 2010 9:04 AM | Report abuse

This is a farce and Ms Kornblut is either uninformed or deliberately lying. The fact is that this so called "freeze" does nothing but cement in place huge spending increases and will prevent the next congress from cutting costs. The freeze locks in place 20% hikes and stops the republicans, if they win back congress, from ratcheting them back. This is another one of the presidents lying tricks to try to fool the American public into believing that he cares about wasteful spending when in fact he is throwing our money out by the handful.

Posted by: LadyChurchillUSA | January 30, 2010 9:01 AM | Report abuse

The title of this article is a joke.

Posted by: cathamby | January 30, 2010 9:00 AM | Report abuse

Obama speaks loudly and carries a small stick.

Posted by: JCM-51 | January 30, 2010 8:51 AM | Report abuse

Question-guy: He did talk to Democrats but it wasn't televised. He talked with Republicans openly just so he can say he's being bi-partisan. It was for show only. He real strategery went on behind closed doors.

Posted by: hit4cycle | January 30, 2010 8:50 AM | Report abuse

A question for questionguy.If you are for small businesses why are you democrat?They do everything against what is good for small business.

Posted by: Imarkex | January 30, 2010 8:49 AM | Report abuse

WHAT IS THE PRESIDENT OBAMA DOING? Taking questions from House Republicans?

President Obama has no problem quickly telling African Americans that he isn’t “the Black President” and that he is the President of the Unites States. But as far as I can see he is the President of Republicans.

HEY MR. PRESIDENT – HOW ABOUT US DEMOCRACTS? Can you talk to us for a minute?

Stop the Obama administration from diverting federal contracts away from Small Businesses, Minority-owned businesses and Veteran-owned Businesses to large federal contractors. In most cases small business can do the same work as the large federal contractors at a 25% discount.

Posted by: question-guy | January 30, 2010 8:20 AM | Report abuse

How is he going to "fix" the deficit? By adding more trillions of dollars?

Posted by: Imarkex | January 30, 2010 8:10 AM | Report abuse

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company