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	<title>MoneyBlogNewz &#124; Financial Education &#38; Gossip &#187; payday loans direct lender</title>
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		<title>Obama spending freeze: Is it doable?</title>
		<link>http://personalmoneystore.com/moneyblog/2010/01/26/obama-spending-freeze-doable/</link>
		<comments>http://personalmoneystore.com/moneyblog/2010/01/26/obama-spending-freeze-doable/#comments</comments>
		<pubDate>Tue, 26 Jan 2010 18:53:51 +0000</pubDate>
		<dc:creator>Shadra Beesley</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[democrats]]></category>
		<category><![CDATA[obama]]></category>
		<category><![CDATA[payday loans direct lender]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[spending freeze]]></category>
		<category><![CDATA[state of the union]]></category>

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		<description><![CDATA[Spending freeze and pessimism Sometimes it seems like the president just can&#8217;t win. For his first year in office, everyone  said he was spending too much. Now that President Barack Obama has announced a spending freeze, Republicans are saying that&#8217;s impossible. Democrats are saying he&#8217;s pandering to Republicans. We elected the guy. Don&#8217;t you think, [...]]]></description>
			<content:encoded><![CDATA[ <h2>Spending freeze and pessimism</h2>
<p><a href="http://picasaweb.google.com/personalmoneystore.photos/MicrosoftClipOrganizer2#5395102866185713138"><img class="alignright" title="Obama spending freeze" src="http://lh4.ggpht.com/_ILA-VL6ldSQ/St9BeOmw9fI/AAAAAAAABsU/7ZZNHYXzIKo/Instant-Payday-Loans-In-Tampa.jpg" alt="Obama spending freeze" width="274" height="246" /></a>Sometimes it seems like the president just can&#8217;t win. For his first year in office, everyone  said he was spending too much. Now that President Barack Obama has announced a spending freeze, Republicans are saying that&#8217;s impossible. Democrats are saying he&#8217;s pandering to Republicans.</p>
<p>We elected the guy. Don&#8217;t you think, to an extent, maybe we should just trust him? Apparently that&#8217;s not the American way. Don&#8217;t get me wrong; I think a certain level of skepticism is healthy. But I get sick of the whining. Kind of like when people can&#8217;t pay back their <a title="payday loans" href="https://personalmoneynetwork.com">payday loans</a>, and the direct lender gets blamed instead of the borrower&#8217;s poor budgeting.</p>
<h3>Conditions to Obama&#8217;s spending freeze</h3>
<p>Obama&#8217;s spending freeze will last until the end of his current term &#8212; three years. It isn&#8217;t a complete freeze; he says he still will allow military spending. Of course, he&#8217;ll talk about this in his State of the Union address tomorrow, and I am sure there will be more exceptions to Obama&#8217;s spending freeze. Maybe once he explains the details people will calm down, but for now it appears that pretty much everyone has a problem with it.</p>
<p>Obama says the spending freeze will save $250 million over the next three years, and exactly how it will work will be detailed Feb. 1 when he unveils the budget. The one good thing I have read about Obama&#8217;s spending freeze is Kristi Keck from CNN&#8217;s comment that Obama&#8217;s spending freeze &#8220;could help him recapture the favor of centrist voters.&#8221;</p>
<h3>Negative press</h3>
<p>To those who are dismissing Obama&#8217;s spending freeze as impossible, I quote Keck again, who points out that this is &#8220;a partial, three-year freeze on discretionary spending.&#8221; So that doesn&#8217;t sound so hard, does it? Still, there&#8217;s no shortage of quotes like this one from CNBC:</p>
<blockquote><p>&#8220;This is like announcing you&#8217;re going on a diet after winning a pie-eating contest,&#8221; said Michael Steel, spokesman for House of Representatives Republican leader John Boehner.</p></blockquote>
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