[P.O.E.]

There was a similar report earlier It was something about “cutting costs” by 20 billion (?) by eliminating the advanced earned income tax credit.

So it wasn’t about cutting spending, but raising taxes.

Typical

http://www.reuters.com/article/idUSTRE60T21S20100130

[Ghost of Philip Marlowe]

It was $120 Billion, claimed Obammie the Commie.

But what we found out afterward is that what he is doing is freezing the budget. What he didn’t tell us is that the departments whose budgets he is freezing were going to be cut $120 Billion dollars over the next few years.

So, in fact, he is allowing them to keep that $120 billion by freezing the cutbacks and he is, IN FACT INCREASING SPENDING BY $120 BILLION.