At least four times during the campaign, Obama argued against a spending freeze such as the one he is now promoting. I’m glad that Obama has come around on the issue. There is no shame in him changing his mind, but it raises the question of whether he is sincere this time.

The sad truth, however, is that his plan will save only $15 billion in 2011 and is actually less than he promised to cut on the campaign trial.

I will be happily surprised if he really achieves a spending freeze or a “net spending cut” as he promised during the campaign.