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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (24113)	8/19/2012 10:08:35 PM
From: Wharf Rat	1 Recommendation Read Replies (1) \| Respond to of 85487

"No its entitlements. " What's that word you just used? False. "kept entirely off budget by Bush. False." 2 false falses in the same post? Since the debt and deficit are being discussed so much now, I wanted to post what can make the rise in the deficit look like it happened more abruptly than it did. I don't agree with everything Obama does (especially in education), but his attempt to make the budget reflect what was really being spent has made some blame him for what looks like a big hike. Obama: No More War Spending Tricks http://www.wired.com/dangerroom/2009/02/weighing-the-ir/ In his address last night on the economic crisis, President Barack Obama made it official: No more budgetary sleight-of-hand at the Pentagon. As we have noted here before, the U.S. military has largely paid for the wars in Iraq and Afghanistan through emergency spending measures, in effect keeping wartime costs off the books. In addition to masking skyrocketing budget growth at the Department of Defense, this process has allowed the services to treat budget supplementals as a piggy bank for new procurement. Members of Congress may have grumbled about poor oversight, but they have largely acquiesced. Obama’s message? Not anymore community.thenest.com