Re: [OT] Americans duped on budget cuts

Author: Michael Madigan

Posted: 2011-04-19 at 12:32:47

The bus is going off a cliff and there's no one to stop it.

--- On Tue, 4/19/11, Nicholas Geti <ngeti@optonline.net> wrote:

> From: Nicholas Geti <ngeti@optonline.net>

> Subject: [OT] Americans duped on budget cuts

> To: profox@leafe.com

> Date: Tuesday, April 19, 2011, 8:56 AM

> The American People Were Duped!

>

> What was hailed as the biggest spending cut in history by

> Speaker John Boehner and the rest of the House Republican

> leadership was little more than an exercise in smoke and

> mirrors.

>

> According to The Washington Post:  "A federal budget

> compromise that was hailed as historic for proposing to cut

> about $38 billion would reduce federal spending by only $352

> million this fiscal year, less than 1 percent of the bill's

> advertised amount, according to the Congressional Budget

> Office."

>

> After promising to cut 100 BILLION dollars from the bloated

> federal budget and defund ObamaCare this year, House

> Republicans revised that figure down to 61 BILLION. Then, in

> an eleventh-hour "compromise" with Barack Obama and Harry

> Reid, Boehner and Company told us that they succeeded in

> getting 38.5 BILLION dollars in cuts. But when it was all

> said and done, according to the Congressional Budget Office

> (CBO), the "cuts" for this fiscal year were a paltry 352

> MILLION dollars.

>

>

>

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©2011 Michael Madigan