The 'draconian' cuts actually result in a $1.65 trillion increase in spending.Changes in spending from sequestration result in new budget projections below the CBO’s baseline projection of spending based on current law. The federal government would spend $3.62 trillion in the first year with sequestration versus the $3.69 trillion projected by CBO. By 2021, the government would spend $5.26 trillion versus the $5.41 trillion projected. Overall, without a sequester, federal spending would increase $1.7 trillion (blue line). Overall, without a sequester, federal spending would increase $1.80 trillion (blue line). With a sequester, federal spending would increase by $1.65 trillion (red line).
But my kitten has to drown.
illustrating the nature of the hysteria
The president and his party, including Gov. O'Malley, are doing a great job of making it look like this miniscule reduction in the growth of spending is a big crisis. I guess for those whose jobs depend on voters believing they will keep the entitlements coming it is a big crisis.
No question the sequester is a clumsy, arbitrary way to go about cutting the budget, but if the politicians - and this applies to both parties - had the guts to make actual hard choices based on responsible spending, then it could be done in a more rational way. But something must be done; even beyond the risk our country is placing itself in, it is flat out immoral to saddle our children and grandchildren with the unstable effects of our living beyond our means.
Oh, the false indignation!
Where was all this concern about the deficit when Dubya was putting two wars on the credit card?
What should I be indignant about?
Republicans lying? (again)
Democrats spending? (again)
Posters being disgusting towards the First Lady? (again)
The "sequester" is a bi-partisan fuster cluck.
The way OUT SHOULD be, but at the moment, it isn't.
Maybe I'll get indignant about the Republicans refusing Obama's proposals to close fat-cat tax loopholes.
Oh dear! So much to get indignant about... so little time.
Or something like that...
It seems, though, that even that number might be too big to fully capture the degree of fear-mongering by the administration. As the Washington Post is now reporting, U.S. Secretary of Education Arne Duncan actually has no evidence to back up the claim he made on Face the Nation this weekend that “there are literally teachers now who are getting pink slips, who are getting notices that they can’t come back this fall.” OK, he could point to one example – Kanawha County, West Virginia – but not without adding, “whether it’s all sequester-related, I don’t know.”
Democrats don't lie so this must be a lie.
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