Obama considers domestic spending freeze

We must cut spending!

Thats the right way to go BUT WATCH ....... how alot of people will have something to say about this instead of just letting this work .....These people will always find something to see if someone join them like MOX NEWS oops i mean ,,,,what is it again ????? OH FOX NEWS ! Just let him do it for the country ( i mean he is only fixing something that someone else started ! ) so those that think otherwise should think about it reall hard !

As long as the cuts do not result in job losses, it should be effective.

But foreign spending will continue to be a free-for-all.

Once again a Democratic president is cleaning up the fiscal mess left behind by their Republican predecessor. Clinton erased Reagan / HW Bush era national debt with paygo. Obama is cutting wasteful spending, getting out of Iraq, letting the Bush tax cuts expire and increasing taxes on the rich. We have a LONG way to go before we eliminate our national debt, but under Obama we won’t be hemorrhaging red ink every year he is in office.

Awesome

good.

the tax code needs to be restructured. the bush tax cuts must go. I know they'll be afraid to do it because next year is an election year and the repubs will slap them with the "tax and spend liberal" bullshit, but it is the right thing for the nation. Obama should go ahead and grow a pair and restructure the tax code like he said he would when he ran for president. raise taxes on the rich to give the rest of us relief. the upper classes free pass needs to end now! they're ruining us!

Spend on defense not offense. Half of the budget goes to military. Social programs are taxed separately. We should be selfish (something Americans are really good at) and take care of our needs first before we squander money on global military domination.

i can hear the moaning loud and clear

Good plan. I remember during one of the presidential debates, McCain stated that he would consider a domestic spending freeze, if elected; but I think it makes more since to enact a freeze in the second year of your term. Like the saying: it takes $ to make $. Our economy needed the stimulus spending it received under this administration, but now, we've got to let it marinate.

All money is debt and until we get out from under the thumbs of the big banks running this country, there will always be a national debt. taxes won't fix the problem, freezing spending won't fix the problem because it won't happen.
HELLO PEOPLE, we're talking about America, the most irresponsible govt. in the world. We don't even have a viable manufacturing industry in this country anymore. Let's get back the money from those who've profitted from this illeagal war and stop letting wall use the pulic sector as a human shield from its bad decisions and consequences and the unearned bonuses that never end.
Land of the Waste. Home of the Slave.

Nice. Im glad we have another Dem in office to relieve the debt created by the Repubs. Its an endless cycle... Repubs fuck up the economy and Dems try to pull us from the brink.

The Reps spend their entire time criticizing the Dems for not cutting spending. Now if Obama cuts spending will they complain the same?

if we didn't care about, the climate crisis, the dying nations, the future of the planet, and all the other bullshit, why should we care about this mediocher attemt at presidential caring, this man had no chance, from day one, of effectively doing anything to tackle what we are facing, none of them do, ever did or ever will. so when you buy your new car, put out the garbage, go buy food for tomorrow, think about who's lobbying for what, and whats in your hand, think about your prayers for a better day, for yourself ,for your children, for your planet, and for your president. Don't ever let anything detore you from your dreams for us, the power lies within you, not in them.

I think this shouldve been item #1 on Mr. Obama's agenda. you dont spend almost 1 trillion and dollars and then say "hey guys i think we need to stop spending..."

Too bad they didn't let the "Too big to fails" fail. This is the start of a very, very bad few years to come. But don't worry, they'll keep on printing money til there's literally no tomorrow!

first spend then save? shouldnt it be save first then spend?

Oh now he wants to cut spending. Now that there's nothing left to spend after his stimulus bill and cash for clunkers.

But we have billions for wars in Iraq and Afghanistan... and no money to educate our kids, or feed the hungry?

I have a better idea for the idiots in the White House. Lets go ahead and freeze foreign spending, like we truly care about our economy. Half the people posting here can't realize that their going to still spend billions on pointless wars while cutting the budgets for public school football teams and other domestic activities that are crucial to our economic livelihood.

fuck spending cuts, tax the pot and have an infrastructure party! Solar for all. We CAN grow our way out of this recession:) wink wink.

You could always just roll back the huge tax cuts the rich have received over the past thirty years and redistribute the wealth created to those of lower income. But yeah, making sure nobody spends money sounds like a good way to stimulate the economy.

Sounds like a smart idea. Now if congress would only follow suit we might save this country from bankruptcy.

Here's an old post about congressional spending. In short it really doesn't matter whose the president so long as congress continues to behave without restraint.

http://current.com/items/89146362_while-bush-takes-the-heat-congress-spends-like...

HAHAHAHAHAHAHAHAHA......

Only after he's spent billions on stupid, incompetent people.

This would be more funny if it weren't for the fact that I'm on this sinking ship and the captain that hit the iceberg will not be going down with the ship. He's too much of a coward (Obama) to even admit that he is and was wrong in many things that he's said and done as well as NOT done.