The reviews are in on last night’s breaking news re: the federal gov’ment’s spending freeze.
Rachel Vs. Jared Bernstein FTW:
The administration will target worthless programs, like agricultural subsidies, in order to preserve good programs. But the reason worthless programs live in budget after budget is they have powerful backers. And those backers will rush to Congress to protect their profits. You think Blanche Lincoln, who chairs the Senate Agricultural Committee and is behind in the polls for her 2010 reelection, is going to let her state’s subsidies get gored?
Candidate Barack Obama, on the “hatchet” versus the “scalpel”: