According to the Washington Post, President Obama has offered $6.5 billion in cuts on a total budget of $3.73 trillion, $1.6 trillion of which must be borrowed from foreign investors and the Federal Reserve.
Let's illustrate the magnitude of these devastating cuts.
Hmm, hard to see the cuts. Let's zoom in...
There they are!
Magnified about 100 times, the cuts aren't exactly stunning in their scale and scope.
The GAO (Government Accountability Office) just stated that between $100 and $200 billion in federal spending is wasted on redundant, duplicative functions. Yet all the Otrumka administration can find to cut is $6 and a half billion, which is probably what it spends on three-ring binders.
'Moving to the center' my you-know-what.
3 comments:
Excellent, Doug.
Well done- very illuminating
fwiw, Doug Ross @ Journal is 'Featured Blog' this week at RR- pls keep it up, you're doing a great job here
http://reaganiterepublicanresistance.blogspot.com
Amazing D...
Your featured blog has taken my mind away :)
-family pictures
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