Our thoughts after hearing President Obama's speech today is aptly captured by Jim Quinn of The Burning Platform (brilliant post - one of those, why didn't I think of that calibre post.)
POTUS wants $447 BB in new stimulus. Everything will be fully paid for, according to POTUS. The only catch is, he doesn't know from where. So he'll ask the Congressional Committee tasked to find $1.5 T in cuts before the end of the year to find another $447 BB. Brilliant. POTUS gets the photo-op. Congress gets stuck doing the hard work.
- The Aspiring Analyst
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