Will he say something new?

Ramirez.

Will he say something responsible? Will it work this time? And what will it cost us?

P.S. Last year I rated our President Barack Obama a 5. 10 on delivery, 0 on substance.

More. Will the speech be the classic politics of The One? How many times you probably think this speech is about you, the video will he mention himself? Cato takes apart the president's spending freeze numbers. Is this going to help? More. From Heritage, including this:

Comparing our government's prolific spending habits with the decline in revenues from the recession, Riedl concludes: "Between 2010 and 2020, recession-depleted revenues are projected to gradually rebound to 17.6 percent of GDP (slightly below the 18.3 historical average). Spending is projected expand to 25.9 percent of GDP -- well above 20.7 historical average. Compared to those averages, 88 percent of all additional deficits by 2020 come from additional spending (5.2 percent of GDP above average), and only 12 percent comes from low revenues (0.7 percent of GDP below average)."

So 88% of all of our crippling debt problems come from our government’s inability to control its spending habits. Put in this light, President Obama’s spending “freeze” is just a drop in the bucket. A credible commitment to reduce government spending would go much farther. For starters, the remaining TARP and stimulus funds should both be rescinded. Next, instead of the President’s fungible “aggregate” spending freeze, tough hard spending caps should be enacted. Finally, Congress should disclose the massive unfunded obligations of Social Security, Medicare and Medicaid; put those programs on long-term budgets; and enact the necessary entitlement and programmatic reforms that can keep government within those limits.