Sunday, January 24th, 2010
There is a “fighting chance” President Barack Obama will propose a freeze in most discretionary spending by the federal government in his State of the Union speech next week, Senator Evan Bayh, an Indiana Democrat, said.
“The president can say in this State of the Union address, ‘I’m going to include in my budget a freeze on discretionary spending, I’m drawing a line in the sand, and I’m going to use my veto pen to enforce that,’” Bayh said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend.
Bayh, 54, said that while he wasn’t certain the president would make such a call, “I think that there’s a fighting chance that he will.”
The senator also said he expects Obama to use the Jan. 27 nationally televised address before Congress to embrace creation of a commission that would suggest spending cuts and tax increases that Congress would be forced to vote on. Bayh met this week with Treasury Secretary Timothy F. Geithner, Vice President Joe Biden and U.S. Office of Management and Budget Director Peter Orszag to discuss such a commission.
“When the people find they can vote themselves money, that will herald the end of the republic.” – Fall Of The Republic – Buy the DVD here
This article was posted: Sunday, January 24, 2010 at 5:25 am