First, the hope.
The Democrats have never been known as a party of fiscal restraint. It speaks volumes about how far the Republican Party strayed from what used to be mantra that the Democrats can talk about fiscal responsibility and not be laughed off the dais.
I'll grant, when compared to out-of-control entitlement spending, porkbarrel spending isn't a big deal at all. Still, if Nancy Pelosi is serious about this, then my hat's off to her.
Now the fear.
Pelosi has said that Iraq isn't a war to be won but a problem to be solved, or some such silliness. Cut and run didn't work in Vietnam--just ask those boat people, several of whom I used to work with, or any of the people who were "re-educated" in "camps"--and it won't work in Iraq. I fear the Democrats lack the ability not to repeat the history they keep bringing up. I fear they'll act rashly, as they've accused the President of acting.