BGFalcons82
Senior Member
2,173
posts
BGFalcons82
Senior Member
2,173
posts
Wed, Jan 26, 2011 1:20 PM
Jan 26, 2011 1:20 PM
I didn't watch the show, but I read where Obama is freezing nonsecurity discretionary spending for 5 years. The estimated savings were about $500,000,000,000 over 10 years. Let's see....if we allow for a $3,5000,000,000,000 annual budget, over 10 years that's $500 billion divided by $35 trillion, or a whopping 1.4% in spending cuts. Quite a hefty axe there, Barry. This percentage is likely too high as the budget will certainly grow from year to year. The R's offered $2.5 trillion over 10 years or 7.1%, which is still too light, IMO, but 5 times better than the Spender-In-Chief's paltry pittance.
Jan 26, 2011 1:20pm