Tuesday, January 26, 2010

A modified, limited course correction, Part Three

"President Obama is expected to propose "a three-year freeze on federal funding that is not related to national security." He will unveil this proposal tomorrow night in his State of the Union address.

The "freeze" appears to be something of a phony. According to the Washington Post, it would not apply to "entitlement programs such as Social Security, Medicare and Medicaid," "would not restrain funding for the $787 billion economic stimulus package Obama pushed through Congress early last year," would not "apply to a new bill aimed at creating jobs," and would be "unlikely to affect the approximately $900 billion health-care bill." " [Power Line]

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