Obama’s Four Flimsy Budget Cutting Ideas

President Obama, in his speech on the economy, given at the Bookings Institute, once again, tried to be all things to all people.  Most of the speech was aimed at the dwindling number of devotees who were anxious to hear that additional taxpayer revenues would continue to flow to favored, pet projects.

Nor were these fans disappointed, for, despite running $1.2 trillion in annual deficits, President Obama has once again promised to borrow from the future to fund yet another round of pork and dodgy projects disguised as infrastructure and green investments.

At the same time the President was busy adding more spending programs to our bloated budget, he insisted, once again, that he was committed to fiscal discipline.  Obama said “We’ve combed the budget, cutting waste and excess wherever we could.”  Really?

What programs have been cut and what sorts of excess were eliminated?  For the curious….here goes.  After several months, Obama’s OMB has released a list of the top four programs that have been identified after an exhaustive search and combing of the federal budget.

The Administration reviewed over 38,000 different ideas, to aggressively root out wasteful practices, many of them submitted by government employees.   After much work, synthesis,and review, OMB announced the four cost-cutting idea finalists:

(more…)

Email this to a friend | Print | Share on Facebook | Tweet this |

Tags: Barack Obama, brookings institute, budget cuts, Deficit, federal budget
Posted Dec 9th 2009 at 3:03 pm in Congress, News, Obama, Politics | 4329829 Commentshttp://biggovernment.com/ldoan/2009/12/09/obamas-four-flimsy-budget-cutting-ideas/Obama%E2%80%99s+Four+Flimsy+Budget+Cutting+Ideas2009-12-09+22%3A03%3A08Lurita+Doan

Coburn to Senate: You Actually Have to Pay For These Bills

The Democrats are holding a press conference at this afternoon to blast Senator Tom Coburn’s demand that new programs and increased spending approved by Congress be paid for.

At issue is a veterans bill that the Senators would like to pass and issue press releases praising themselves for supporting over Congress’ Veterans Day vacation.  Problem is the bill is not paid for and therefore is just another bounced checked to be charged to future generations of Americans who are already inheriting the $12 trillion debt created by Congress’ reckless addiction to borrowing and spending.   In addition to not being paid for, the bill discriminates against many vets who sacrificed for our nation and were injured as a result.

coburn letter –

(more…)

Email this to a friend | Print | Share on Facebook | Tweet this |

Tags: debt ceiling, deficit spending, federal debt limit, federal spending, Senate Democrats
Posted Nov 9th 2009 at 12:19 pm in Congress, Politics | 2781830 Commentshttp://biggovernment.com/capitolconfidential/2009/11/09/coburn-to-senate-you-actually-have-to-pay-for-these-bills/Coburn+to+Senate%3A+You+Actually+Have+to+Pay+For+These+Bills2009-11-09+19%3A19%3A04Capitol++Confidential