Obama's Vow to Eliminate Earmarking From Budgets: B+
Set to Sign Porked-Up Omnibus Spending Bill With Price Tag of $447 B+
True Cost of Bill: $1.1 Trillion

He wants to be known as the deficit-fightin' president, you know.

In March, President Obama announced he would sign a $410 billion omnibus spending bill containing, according to taxpayers’ groups, 8,570 earmarks at a cost of $7.7 billion, but he said he would push to reform the earmark system. He seemed a little embarrassed about the whole deal, refusing to sign the bill in public or even to release a photograph.

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Today Gibbs was asked if the President was contemplating vetoing the $447 billion omnibus spending bill passed by the Senate yesterday -- which has more than 5,000 earmarks – as a way of sending a signal to Democrats to stop the earmarks and wasteful spending.

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Gibbs said he was “led to believe” President Obama would sign the bill.

In related news, the Santa Claus is coming, and he will give all the children B+'s.

Anyone remember the days, just a short 350 days ago, when the supply of paper money was not infinite?

Crazy, huh? That old-timey economics.

All seems as quaint now as listening to serials on the radio and providing for your children.

Update: Gabe tells me the major media are faking the number -- the $447 billion (with a B+) is for discretionary spending only.

The whole bill is for $1.1 trillion when you include nondiscretionary spending, which you should.

He writes:

However, the WashTimes, AP, The Hill, and Politico noted the truer $1.1 trillion number. WaPo, NYTimes, Roll Call did not.

So sorry, I B-plussed it up.

posted by Ace at 07:02 PM

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