“For years in this country, we’ve had a borrow and spend attitude,” White House Press Secretary Robert Gibbs said moments ago, suggesting that he may be under the impression that the money for the $787 billion stimulus will not be coming from borrowing. “The President wants to get us back to the point where we save and invest.”

He says more details on how the country will “save” will come in a presentation Thursday.

He promises the president will be laying out “hard choices” and “specific cuts.” (I hope Gibbs isn’t overpromising Obama the way Obama overpromised Geithner.)