President Obama: "We can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard-earned tax dollars of the American people can be treated like monopoly money."
This just in: "Treasury plans to inject another $3.5 billion into GMAC." Maybe another round of Cash for Clunkers, why not? Send the bill to the kids.
Related - Opinion Journal: "The deficit commission trap"