U.S. President Barack Obama’s back is against the wall now that the shine has worn off his historic presidential election. After suffering a humiliating loss in the November primaries last year, Obama is gearing up to spend $1 billion — yes, that’s $1 billion — on his reelection campaign.

That reelection campaign will commence in earnest tonight when Obama takes the podium to give his nationally televised State of the Union Address.

According to ABC News, Obama “will more or less agree with Republicans” on limiting government spending. He is also expected to propose an earmark ban and a budget freeze tonight.

Those proposals are laughable when you consider the fact that Obama’s first bill was stuffed full of earmarks and political favors to his friends. Not to mention that the federal deficit has ballooned to $3.8 TRILLION under Obama’s watch.

Hotair.com points out that Obama has made the promise to cut earmarks “repeatedly since starting his presidential campaign in 2007.”

How many times do we have to be lied to before we give a man the boot?

The 2011 State of the Union Address begins at 9 p.m. Eastern Time and 6 p.m. Pacific Time. It is expected to last one hour.