Just a point or two from NRO's Marc Thiessen about President Obama's $17 billion in spending cuts:
$17 billion is less than one half of 1% of the entire $3.55 trillion FY10 budget.
CBO estimates that interest costs will be over $172 billion for FY10, or ten times what the administration is proposing to save.
Guess he didn't get the memo!
In his remarks today, the president sought to change that tenor of that coverage. He mocked the notion that smaller savings are considered "trivial" in Washington and stressed that "these savings, large and small, add up."
And he told journalists directly that they should stress the fact that the cuts are "significant"
