Posted on 05/07/2009 2:54:44 AM PDT by Son House
WASHINGTON -- In twin strokes, President Barack Obama is calling on Congress to reward generous budget increases to domestic programs while proposing relatively modest cuts to wasteful or obsolete programs that just won't seem to die.
Officials said Wednesday that Obama's promised line-by-line scrub of the federal budget had produced a roster of 121 budget cuts totaling $17 billion -- or about one-half of 1 percent of the $3.4 trillion budget Congress has approved for next year. The details were being unveiled Thursday.
Those savings are far exceeded by a phone-book-sized volume detailing Obama's generous increases for domestic programs that will accompany the call for cuts.
Most of the major elements of Obama's budget for next year were released in February.
Additional details were coming out Thursday and next week.
(Excerpt) Read more at foxnews.com ...
Don’t worry. Those dollars will be worth nothing in a couple of years.
Can you say “hyperinflation”?
These are not just hikes. They are more like 50 mile forced marches with full pack, rifle and two claymores on a warm, humid day!
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