In all matters of opinion, our adversaries are insane.
Oscar Wilde

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

By: Pam On: Apr/20/09 - 2 Comments

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.

Posted on: April 20, 2009 |

Posted in: Automotive Bailout, Bailouts, Budget, Economy, Energy Prices, Jobs, Stimulus Bills

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

  1. Robert
    April 20, 2009 - 09:52 AM on April 20th, 2009

    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. Pam
    April 20, 2009 - 09:56 AM on April 20th, 2009

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

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