President Obama is asking the Cabinet to cut $100 million over the next 90 days. RealClearPolitics has a video of reporters taking the administration to task for hailing the $100 million dollar cut as significant after dismissing criticism of an $8 billion appropriations bill several weeks ago. Gibbs mentions how $100 million is a lot of money and to folks like you and me (assuming billionares don’t read J’s Notes) it most certainly is. $8 billion is a heck of a lot more, though, and pales in comparrison to the $787 billion bailout. Both of those are paltry compared to Obama’s proposed 2010 budget. The Heritage Foundation has a handy graphic to put it all in perspective:
It is disengenious to try and tell the American people that you are saving them millions when taking them and their children and grandchildren to fiscal task for TRILLIONS.
That’s like saying “buy $3.69 trillion dollars worth of government, save 0.00271%! The more you buy the more you save!” Obama’s 2010 budget is nearly $12,300 for every man, woman and child in America, while his budget cut saves each and every single American an amazing $0.33. Thanks!
(Graphic via Tertium Quids)
