Charles Krauthammer on President Obama’s Proposed Budget Cuts

Obama to seek freeze on part of budget
WASHINGTON
Facing voter anger over mounting budget deficits, President Barack Obama will ask Congress to freeze spending for some domestic programs for three years beginning in 2011, administration officials said Monday. Separately, Obama unveiled plans to help a middle class “under assault” pay its bills, save for retirement and care for kids and aging parents.
The spending freeze would apply to a relatively small portion of the federal budget, affecting a $477 billion pot of money available for domestic agencies whose budgets are approved by Congress each year. Some of those agencies could get increases, others would have to face cuts; such programs got an almost 10 percent increase this year. The federal budget total was $3.5 trillion.

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Charles Krauthammer on President Obama’s proposed budget cuts:

“It’s not a hatchet. It’s not a scalpel. It’s a Q-tip. It’s a fraud. This is a minuscule amount. Remember it excludes defense, homeland security, veteran’s affairs. It excludes all of the entitlements which are 60% of the budget. And, it excludes stimuli past and future, the nearly two-thirds of the trillion dollar stimulus that has not been spent. All of that is excluded. It excludes the trillion that would have been spent on health care if it would have been passed. What it is is a $15 billion reduction in a year 2011 in which the CBO has just announced we’re going to have a deficit of $1.35 trillion. It’s a rounding error. It’s lunch money.”

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“What he doesn’t tell you is that last year, their first year in office when they had a free ride in spending, they ratcheted up the spending for all of these departments astronomically an average of the last half of fiscal ’09 and all of fiscal ’10 an average about 20%, now that’s huge ’cause normally year over year you increase a department’s spending 3% or 4% especially with low inflation.

So for example, last year alone, they increased the EPA budget by 35%, so if you’re instituting a freeze, what you’re doing, you’re ratcheting in, you’re locking in the higher spending that Obama slid in last year…So what the freeze is doing essentially is the opposite of what it looks like, instead of reducing the spending, it’s locking in these huge increases that were instituted last year”

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Wild Thing’s comment……..
This is a joke. They guy really thinks people are THAT stupid. He will save a few billion while working to borrow and spending another trillion….hello????
Is the whole DemoRAT party going to walk off the cliff with this “Carter-FDR hybrid on steroids”?
More lies, prevarication, and sleight of hand. The Hope N Change express keeps on rolling. More like the Hypocrisy Express!