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View Full Version : Obama cuts "lots of money" from his budget!




devil21
05-07-2009, 04:55 PM
See! He's fiscally conservative! :rolleyes:



WASHINGTON President Barack Obama sent Congress a detailed budget Thursday boasting of cutting or killing 121 federal programs in a belt-tightening he likened to that of most Americans in difficult times. But the trims amounted to a tiny fraction of the new spending he wants, and some have already been nixed by allies on Capitol Hill.

Obama said his cuts would amount to $17 billion in a budget totaling well over $3 trillion for the fiscal year that begins in October. He's estimating the government's red ink will still be about $1.2 trillion, down only slightly from this year's all-time record.

Republicans scoffed that Obama's cuts were not nearly enough. "They appear to be a diversionary tactic an effort to change the subject away from the unprecedented debt this budget heaps on future generations," said House Republican Leader John Boehner of Ohio.

On the other hand, some of Obama's proposed trims are recycled from George W. Bush's hit list and won't be popular with some Democrats. For instance, he proposed ending a $400 million-a-year program that pays states and counties for keeping illegal immigrants in their jails a Bush idea rejected previously by the Democratic-controlled Congress.

The president defended proposed cuts that he portrayed as a mix of some "more painful than others."

"In Washington, I guess that's considered trivial. Outside of Washington, that's still considered a lot of money," he said. "But these savings, large and small, add up."

cont'd at link

I guess Ill give him a little tiny bit of credit for cutting SOMETHING but this paltry amount of cuts compared to huge budget increase is usually called being "penny-wise and pound-foolish."

Cowlesy
05-07-2009, 04:58 PM
"We can no longer afford to spend as if deficits don't matter and waste is not our problem," he said. "We can no longer afford to leave the hard choices for the next budget, the next administration -- or the next generation." - BHO

Ahhh BHO, if you weren't such a damned crook, I'd laugh at your statement above.