Obama spends more on new programs in 9 months than Clinton did in 8 years.

[CookieMonster]

President Barack Obama plans to announce in next year's State of the Union address that he wants to focus extensively on cutting the federal deficit in 2010 – and will downplay other new domestic spending beyond jobs programs, according to top aides involved in the planning.

The president's plan, which the officials said was under discussion before this month’s Democratic election setbacks, represents both a practical and a political calculation by this White House.

On the practical side, Obama has spent more money on new programs in nine months than Bill Clinton did in eight years, pushing the annual deficit to $1.4 trillion. This leaves little room for big spending initiatives.

After spending binge, White House says it will focus on deficits - Mike Allen and Jim VandeHei - POLITICO.com

The big question for Obama – and the country – is whether the sudden concern about deficits will be more rhetoric than reality once his first State of the Union address concludes.

All presidents promise deficit reduction – and almost always fall short. There is good reason to be skeptical of this White House, too, on its commitment.

For starters, the White House has not dropped plans for an aggressive global warming bill early next year that will be loaded with new spending on green technology and jobs – that would be paid for with tax increases. Democratic lobbyist Steve Elmendorf says the White House focus on deficit reduction could easily kill the cap-and-trade effort. “I think this means cap-and-trade has to go to the backburner,” he said.

[eyeswideopen]

It seems unlikely that the US proposes to pay back its National debt. One way of cutting it is of course is to allow the dollar to carry on falling.

[mryoungdan]

He has done it again. This time to the Japs, worse than the Arabs.

He should not be allowed out of the country

[ame="http://www.youtube.com/watch?v=ZQGDqAaL6A0"]YouTube- Obama bows to Emperor of Japan[/ame]

[CookieMonster]

Youngdan, you right wing scumbag, there is a VERY simple reason for this. Of course the likes of you would make it out to be something it's not.

His communications team had written his lines on the ground and he was bending down to read them. If they had taken the other option and let up the mobile teleprompter behind Emperor Akihito then you would be moaning about that too.

He also made Gates look like a tit too.

[mryoungdan]

I have solved the problem. I have my screen standing on it's side so now it is the Japs that are bowing. That is as it should be. After all who nuked who.

Banzai baby banzai

[atlantic]

The US is broke and has no intention of paying back it's debts.Obamaman knows this well and is one of the biggest spoofers on the go,a muppet ,puppetwho has ,surrounded himself with a bunch of wallstreet mafia thugs.