Thursday, May 14, 2009

Obama cuts $17 BILLION!!!

...from the deficit. Leaving it hovering at around 1.8 TRILLION.

President Barack Obama urged Congress to cut almost $17 billion in programs, including tax breaks for oil and gas companies, while seeking an $81 billion increase for his domestic agenda.

Ugh.
Even with the proposed cuts amounting to only about one- half of 1 percent of the total budget, Obama is confronting resistance to them in Congress and from interest groups seeking to keep alive favored programs.
The good news is that Republicans are starting to listen to the Tax Protesters, and they are making loud objections to Obama's plans...
“The administration’s proposed cuts, while welcome, don’t go far enough, and they appear to be a diversionary tactic -- an effort to change the subject away from the unprecedented debt this budget heaps on future generations,” House Republican leader John Boehner of Ohio said in a statement.
Thank you, Mr. Boehner, we appreciate it!

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