Posted on 03/04/2009 6:02:15 PM PST by NormsRevenge
WASHINGTON (AFP) – President Barack Obama on Wednesday promised to save American taxpayers 40 billion dollars a year by slashing waste in government contracting, with a special eye on bloated spending on defense.
"I reject the false choice between securing this nation and wasting billions of taxpayer dollars," Obama said on a day when he signed a presidential memorandum reforming the contracting system across the entire government.
"In this time of great challenges, I recognize the real choice between investments that are designed to keep the American people safe and those that are designed to make a defense contractor rich," Obama said.
The president's promise to clean up contracting was in line with his pledge to cut the soaring federal budget deficit in half by the end of his mandate in 2013.
As Obama spoke, he was flanked by his former Republican rival for the presidency, Senator John McCain, who is a hawkish opponent of wasteful spending in the Pentagon, and scours legislation for lawmaker's pet projects.
Obama honed in on runaway Pentagon spending, vowing that "the days of giving defense contractors a blank check are over," and highlighted work by Defense Secretary Robert Gates to overhaul military procurement at the Pentagon.
(Excerpt) Read more at news.yahoo.com ...
This is joke. It’s even beyond the Onion.
it will take a couple of years for the sheeple who are watching American Idol right now and not paying attention to stop laughing and get it.
I hope we still have a free country left by then.
I checked the article to see if you took liberties with the headline (sorry).
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LOL
No problemo.
The first thing that came to mind when I saw the word
Axe was.. uhh, you know who.. The First Grump
;-)
I’m drinking now.
With the budget he’s got a “Won’t ax, don’t tell” policy.
Constant propaganda double talk like the old USSR. Confuse the populace and exhaust them with constant crisis.
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I hear ya. I hope folks are able to recognize it for what it is.
ROTFL!!! These satire posts get me everytime!
Obongo’s definition of bloat: DOD, Veteran’s Administration, CIA, FBI, NSA.
His masters in the caves in Pakistan and Afghanistan are undoubtedly so jubilant they’re crapping their kurtas.
Obongo is under the direct control of our enemies and is guilty of treason.
I sometimes wonder if the powers that be in the Democratic Party are ever embarrassed by the people they nominate?
So, Obama is going to slash necessary defense spending in exchange for bridges to nowhere, studies for field mice, and tattoo removal in California.... Grrr....
LOL! Up is down. Red is green. ...
This tells me more about the BS that is Yahoo news than it tells me about Zero
See, drinking makes it all better. 8^P *hiccup*
LOL! Good one.
Not much in the NASA budget but scraps. A mere 18B a year won’t make a dent in what Obammer is planning. The money is in DOD. only thing bigger is the existing entitlement pie and he ain’t gonna touch that. He is going to FEED it.
The president's promise to clean up contracting was in line with his pledge to cut the soaring federal budget deficit in half by the end of his mandate in 2013.Double-speak nebulous vapor wrapped in a thick presupposition shell.
A billion here, a billion there and pretty soon he’ll be closing in on the TRILLIONS he’s already wasted.
I'm trying to think of a single Democrat who does not regularly say or do things that indicate brain damage and I can't identify a single one.
How in the heck do these people get elected in the first place?
Looks like the Pentagon can expect massive defense cuts on the order of 50% in the coming years. That is the only way Obama can come close to making good on his promise of cutting the deficit AND increasing entitlement spending, because the tax increases will not be nearly enough.
If I underpayed $10 on taxes, I would be put in jail. These clowns can waste $78 billion and NOTHING happens to any of them!
Earmarks add up to $7-8 billion and Schumer, as he labels the chattering class, says that no one is concerned about a little porky amendments to the spending bill?
Something is drastically wrong in this country! The current crowd in Washington scare me a hell of a lot more than an economic recession!!!!!!
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