Dog bites man
Posted By Russ Roberts On May 7, 2009 @ 8:24 am In Politics | Comments Disabled
The Washington Post headline:
Obama's Budget Knife Yields Modest Trims
Shocking, isn't it? I was so confident they'd cut a lot. The opening of the story [1]:
President Obama has said for weeks that his staff is scouring the
federal budget, "line by line," for savings. Today, they will release
the results: a plan to trim 121 programs by $17 billion, a tiny
fraction of next year's $3.4 trillion budget.
I guess that's the only fat in the $3.4 trillion. The rest of it is just too essential.
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