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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (301994)4/21/2009 4:09:13 AM
From: KLP1 Recommendation  Respond to of 793955
 
I read someplace today that Obama's 100 Million cut is 1/35,000th of the $3.6 TRILLION dollar Budget he wants passed.

The most outrageous thing about his "BIG DEAL pip-squeek" announcement, complete with Cabinet meeting and televised yet...was right after that, he quietly went after $100 BILLION for the IDF....and wants their Budget to be $500 Billion....



To: LindyBill who wrote (301994)4/21/2009 4:24:03 AM
From: Nadine Carroll  Read Replies (1) | Respond to of 793955
 
>> "Pretty soon, even here in Washington, it adds up to real money," says the president.

Except, you know, really it doesn't. Let's say the administration finds $100 million in efficiencies every working day for the rest of the Obama administration's first term. That's still around $80 billion, or around 2% of one year's federal spending.<<<


I compare it to someone with $50,000 in credit card debt proving his financial sobriety by hunting for loose change in the sofa cushions.