FACT CHECK: Obama and his imbalanced ledger
Posted By News Team on January 26, 2011
| Calvin Woodward, Associated Press-Finance | 1-25-2011 |
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WASHINGTON (AP) — The ledger did not appear to be adding up Tuesday night when President Barack Obama urged more spending on one hand and a spending freeze on the other.
Obama spoke ambitiously of putting money into roads, research, education, efficient cars, high-speed rail and other initiatives in his State of the Union speech. He pointed to the transportation and construction projects of the last two years and proposed “we redouble these efforts.” He coupled this with a call to “freeze annual domestic spending for the next five years…….. Read More |

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