Her point of view, and I think there is some merit to this, is that President Obama wants to promote infrastructure projects and other "stimulus" efforts that would create jobs, but Republicans are so focused on the deficit they won't consider spending money on that.

CNN: There's no 'magic wand' for jobs

When Congress engages in deficit spending the Treasury auctions off T-Bills to pay for it.

FORBES: Congress' Money Vault

Now, I know that some in my own party will argue that we can't address the deficit or freeze government spending when so many are still hurting.

WHITEHOUSE: The 2010 State of the Union Address