- Scott Miller
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So with the country staring at $10 TRILLION debt under the Obama budget, and hundreds of thousand tea party protesters railing against out of control government spending, what does the Obamarxist do?
He does what he always does, he distracts (hey look over there!)… this from the AP:
Obama orders Cabinet to cut spending by $100M
WASHINGTON – President Barack Obama on Monday ordered his Cabinet to find ways to slice spending by $100 million, but acknowledged it’s a “drop in the bucket” and said there’s a “confidence gap” that he needs to overcome.
“We also have a deficit — a confidence gap — when it comes to the American people,” he told reporters. “And we’ve got to earn their trust.”
Yet the red ink in the annual budget is currently in the hundreds of billions. He was asked if the efficiency saving isn’t just “a drop in the bucket”.
“It is,” he replied. “None of these things alone are going to make a difference. But cumulatively, they make an extraordinary difference because they start setting a tone … $100 million there, $100 million here — pretty soon, even here in Washington, it adds up to real money.”
The federal deficit for March alone was $192.3 billion, and $100 million would represent a minuscule portion of that sum, roughly one-twentieth of 1 percent. Obama in February brought forward a $3.6 trillion budget for the 2010 fiscal year, beginning Oct. 1, a proposal that would produce $9.3 trillion in deficits over the next decade.
Senate Republican leader Mitch McConnell said he applauded all attempts to cut government spending but insisted that a $100 million cut would only cover one day’s interest on Obama’s $787 billion stimulus spending plan.
Who does this guy think he is kidding? $100 million in cuts? Give me a break… that’s not even going at government waste with a scalpel as he promised in his campaign… that’s like going after waste with a butter knife!
Now, our budget deficit this year alone will be $1.2 trillion! To put this in context, this would be the equivalent of you and your wife racking up $100,000 in credit card debt, and you both decide to become “fiscally prudent”… so you pledge to cut out $8 in spending. Wow!
