Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (6582)	3/26/2009 4:51:55 PM
From: Brumar89	Read Replies (1) \| Respond to of 86356

Wrong: This commenter makes the same assertion you did: Rocky, Boise ID writes: Lets please clear up part of the record. The biggest expense of the government by far is the department of defense. The costs of the multiple wars in Iraq and Afghanistan have been huge. Now let me mention a little detail that most of you don’t know. The Bush administration was not including the costs of those wars in their budget! They would propose the funding as “emergency” or “supplemental” funding bills so that they could avoid including them in the official budget to make it look better. Obama is changing that to get rid of the phony accounting tricks and bring accountability to the budget. Yes, it makes the budget look much worse right off the bat because we’re including that in the numbers now, but the plan is to reduce the U.S. presence in Iraq to cut some of that out of control spending. That will reduce the budget expenditures. .... March 24, 2009 Peter,Wa writes: Rocky, You are talking about the budget which is made up at the beginning of the year as a projection. It is true that the Bush administration did not include the supplemental war costs here. These figures in the chart, by contrast, are the actual totals for all spending and income and do include the war spending. blog.heritage.org To sum up, emergency appropriations aren't in the budget the President draws up and sends to Congress, but are in historic budget deficits looking backward.