I just had the opportunity to watch the President speak at the White House with his guest Nancy Thickner of Co. who works for the VA. The purpose of this press conference was to inform the public of the Presdents intention to make Govt. more fiscially responsible and to rein in Govt. spending. Forgive me but that was about the best laugh I have had all day. Perhaps the President didn't notice 2009 and the spending Free for all. Lets see. 750 Billion for a Stimulus, almost a 100 Billion for an auto bailout, about to spend 2.5 Trillion last evening, 636 Billion in Defense, a promise of 100 billion a year for climate change, and on and on and on, raising the debt ceiling in order to justify the spending, etc. I do hope the President is serious, when he talks about making Govt. spending a priority he can start by cancelling his foreign made VH71 63 Billion dollar Presidential helicopter and the 1 Billion dollars in additional C-17's....
President Obama and Vice President Biden plan to convene a White House "fiscal responsibility" summit Monday afternoon to launch a national conversation on how to put the nation on sounder financial footing.
The administration is still finalizing a guest list of more than 100 participants -- a mix of Democratic and Republican lawmakers, economists, policy specialists and special interest group representatives.
The three-hour, high-level gabfest, which will be open to press, begins in the State Dining Room with remarks by Obama and Biden. Participants will then be divided into five breakout sessions, before a wrap-up by the president.
Treasury Secretary Timothy Geithner and former Fed chairman Paul Volcker will lead the discussion on taxes. White House economic advisers Lawrence Summers and Christine Romer will go over Social Security. Budget director Peter Orszag, White House domestic policy adviser Melody Barnes and Veterans Affairs Secretary Eric Shinseki will handle health care.
Obama 'Fiscal Responsibility' Summit Set for Monday | 44 | washingtonpost.com
Getting Geitners input on this is like getting the guy who ran his credit cards all up to the limit and is now paying for them with other credit cards, to tell you how to pay your bills.
President Obama and Vice President Biden plan to convene a White House "fiscal responsibility" summit Monday afternoon to launch a national conversation on how to put the nation on sounder financial footing.
The administration is still finalizing a guest list of more than 100 participants -- a mix of Democratic and Republican lawmakers, economists, policy specialists and special interest group representatives.
The three-hour, high-level gabfest, which will be open to press, begins in the State Dining Room with remarks by Obama and Biden. Participants will then be divided into five breakout sessions, before a wrap-up by the president.
Treasury Secretary Timothy Geithner and former Fed chairman Paul Volcker will lead the discussion on taxes. White House economic advisers Lawrence Summers and Christine Romer will go over Social Security. Budget director Peter Orszag, White House domestic policy adviser Melody Barnes and Veterans Affairs Secretary Eric Shinseki will handle health care.
Obama 'Fiscal Responsibility' Summit Set for Monday | 44 | washingtonpost.com
Getting Geitners input on this is like getting the guy who ran his credit cards all up to the limit and is now paying for them with other credit cards, to tell you how to pay your bills.