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Tipsheet

Cutting the Deficit After You Grow It?

Cutting the Deficit After You Grow It?

Today, the D.C. based political newspaper, Politico, featured a story outlining reports of a shift in spending strategy by the Obama Administration, who, according to the story, will shift focus exclusively to cutting the federal deficit in 2010. 

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This shift is undoubtedly a result of the political calculus going on over at the White House these days.  Remember, President Obama has spent more money in 9 months than President Clinton spent in eight years, pushing the deficit to $1.4 trillion. 

Meanwhile, the President and his D.C. collectivists are poised to make a final push for an additional $1.6 trillion in spending for its government takeover of healthcare and that’s not even accounting for the costly ‘Cap and tax’ legislation that he and Speaker Pelosi forced through the House earlier this year.

The President says he wants to focus on cutting the deficit, but his actions say another thing, and we all know that actions speak louder than words.

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