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IPFS News Link • Legislative Mischief

White House Aims to Cut Deficit With TARP Cash

• Wall St Journal
The Obama adminstration, under pressure to show it is serious about tackling the budget deficit, is seizing on an unusual target to showcase fiscal responsibility: the $700 billion financial rescue. The adminstration wants to keep some of the unspen

2 Comments in Response to

Comment by Lola Flores
Entered on:

 Fiscal responsibility....bwaaa haaaa....

Comment by Powell Gammill
Entered on:

So lets see if I have this strait?  We have a huge deficit.  Obama proceeds to add trillions in spending to the deficit.  The Chinese investors grow concerned.  So Obama will now decide to cease -- for now -- spending what has not yet been spent.  Aren't you relieved?  Fiscal responsibility at last.  Can we sell you more bonds now?