According to the Congressional Budget Office, attempts by Senate Democrats to cut spending have been feeble and at times, misleading. Analysts at the CBO have determined that the Senate Democrats’ plan for deficit reduction shows far less savings than that proposed by House Republicans.

The Congressional Budget Office predicts a federal budget deficit of $223 billion for February, 2011, the largest monthly budget deficit ever recorded, according to the Washington Times.

On Sunday, March 6, Christiane Amanpour, moderator of ABC’s This Week, continued the network’s series “Made in America.”

In a clear indication of the times, economists predict that the odious tide of inflation will continue to ravage the U.S. economy, as the price of groceries and gasoline continues to soar.

It appears that there is at least one thing the Obama administration and the GOP can agree on, and that is that Fannie Mae and Freddie Mac have got to go.