Barney Frank Wants to Cut Defense Budget by 25 Percent

Via The Hill's Michael O'Brien, Barney Frank tells us how he plans to pay for all of Obama's new government programs:

Rep. Barney Frank (D-Mass.) said Democrats will push for a stimulus package after the November election, and called for a package reducing defense spending by 25 percent while saying Congress will "eventually" raise taxes. Frank told the editorial board of the SouthCoast Standard-Times that he wanted to reduce defense spending by a quarter, meaning the United States would have to withdraw from Iraq sooner.

(Hat tip: Jennifer Rubin)