UPDATED: Hot Air » Blog Archive » Obama demands 0.0029% budget cut after running up spending..Update: Tapper Embarrasses Gibbs on $100 Million in Cuts

Hot Air » Blog Archive » Obama demands 0.0029% budget cut after running up spending.

$100 million in budget cuts over the next 90 days

Obama apparently wants to answer the Tea Parties by showing that he’s capable of limiting the growth of government, but $100 million barely registers in Washington these days — and certainly does nothing to slow down the Obama spending juggernaut.  Compare this pittance to some of the other numbers that Obama has produced:

  • $100 million from a $3.5 trillion budget for FY2010: 0.0029%
  • $100 million from the $1.2 trillion White House deficit projection for their FY2010 budget: 0.008%
  • $100 million from the $700 billion Porkulus stimulus bill Obama demanded: 0.013%
  • $100 million from the $634 billion “down payment” on nationalized health care: 0.016%
  • $100 million from the $555 billion omnibus spending plan completing the 2009 budget: 0.018%
  • $100 million from the $13 billion in pork from the omnibus spending plan: 0.77%

The cuts that Obama proposes don’t even amount to 1% of the pork Obama signed into law last month in the omnibus spending bill.

UPDATE VIA ACE:

tapper is making a fool of gibbs right now re the “100 million” in spending cuts – tapper quoted gibbs during omnibus debate re 8 billion in earmarks being “tiny” part of budget

And check out the visual interpretation of Obama’s “serious-business fiscal responsibility budget-hawking” at the New Ledger.

2 Comments.

  1. Yeah, what a sad joke, Those kind of “cuts” are done just for sound bytes in the MSM to play to the idiots who aren’t smart enough to figure out the rest.

  2. I loved how the DHS realized they could save money by purchasing supplies in bulk!