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  Topic: Many 2011 federal budget cuts
had little real-world effect
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Many 2011 federal budget cuts
had little real-world effect

Washington Post, by David A. Fahrenthold

Original Article

Posted By:Dreadnought, 2/9/2013 10:51:29 PM

Late on the night of April 8, 2011, Washington’s leaders announced that they’d just done something extraordinary. They had agreed to cut the federal budget — and cut it big. “The largest annual spending cut in our history,” President Obama called it in a televised speech. To prevent a government shutdown, the parties had agreed to slash $37.8 billion: more than the budgets of the Labor and Commerce departments, combined. At the Capitol, Republicans savored a win for austerity. There would be “deep, but responsible, reductions in virtually all areas of government,” House Appropriations Committee

  

Post Reply  

Reply 1 - Posted by: GreatGreyhounds, 2/9/2013 11:15:43 PM     (No. 9168083)

Compared to the $6+ Trillion that Congress and Our Dear Reader has added to the deficit, $38 billion is chump change...


Reply 2 - Posted by: KTWO, 2/9/2013 11:33:56 PM     (No. 9168093)

Worth reading to see the mechanics behind government budgeting and deal making.


   

 

  


 
Reply 3 - Posted by: Twiggy, 2/10/2013 1:58:41 AM     (No. 9168159)

The totally disgusting way our government operates,,,,http://www.youtube.com/watch?v=svGDZOW-brA


Reply 4 - Posted by: Spidey, 2/10/2013 3:43:32 AM     (No. 9168190)

This is a rather odd revelation,considering Obama and the media are blaming budget cuts for the lousy 4th quarter last year. No we find out there really weren´t any to speak of.

10 bucks says Obama will blame budget cuts for the staggering economy in the SOTU speech Tuesday night.

Whatever Obama says,just believe the opposite and you´ll be fine.


Reply 5 - Posted by: Trigger2, 2/10/2013 6:15:15 AM     (No. 9168247)

Cuts in DC speak is a cut to the automatic 8% increase to last year´s expenditures. There is no cuts like us paeons have to take.


Reply 6 - Posted by: Coy860, 2/10/2013 6:34:34 AM     (No. 9168257)

Exactly, #5. We must demand that they knock off 8% before even starting the spending cuts. democrats scream when the automatic increase of 8% is reduced to 5% and call it a cut, but it is STILL an increase in spending. This has to stop.
The lofo has no idea.


Reply 7 - Posted by: craige, 2/10/2013 11:56:26 AM     (No. 9168681)

37.8 Billion is 1% of federal spending.

And federal spending for FY 2011 was 4% more than FY 2010.

Republicans don´t really want to cut spending. They just want it to look that way. At least the Democrats are honest about wanting to bankrupt the country.


   

 

  


 
Reply 8 - Posted by: Boneshaker, 2/10/2013 12:10:45 PM     (No. 9168715)

They will be saving an additional $3 trillion dollars by not declaring war on the Rosicrucians.



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