The budget director has given three main reasons why the Administration got into this box.
The Administration got the message: they were spending too much money.
Will this be enough to let the administration get away with another failure?
And the administration is getting some support from a few Republican governors.
It is clear that the president and the administration will not get top marks.
"I suppose it's better to figure out what you're doing before the new administration gets in."
Generally an administration gets credit or blame for the state of economy during its time.
But it happened last Thursday, and we hope that the administration got the message.
I hope it will help our administrations get greater value for money.
But perhaps the reason the administration got so much of what it wanted was because its goals were not particularly ambitious.