> Obama Regime Report < Obama Regime Report: White House lists some proposed cuts in 2011 budget ($20 Bil, Which Translates to .065%!! WhoopDiFreakin Do)

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Sunday, January 31, 2010

White House lists some proposed cuts in 2011 budget ($20 Bil, Which Translates to .065%!! WhoopDiFreakin Do)

At 2000 pages long weighing in at about 10 lbs is the 3 trillion 2011 budget, and  he's proposing cutting the equivalent of ACORN's grants from the US government meaning you and I to the tune of 30 billion since 98.

Or as the headline indicated, a piddly .065% of the national debt.

What a freakin' spendthrift! Done laughing yet? What a joke that he thinks that's gonna do anything but be mocked endlessly for the next few days showing how out of touch he is along with that 111th congress.

How about putting the damn budget online for one year and letting we American's VOTE where our money goes, now there's a  good idea for once. 

Something tells me this is what Obama looks like when no one's looking even still after a year now.

President Barack Obama will propose cutting or changing some 120 items in his budget for fiscal 2011 that will help save $20 billion this year, the White House said on Saturday.

Reuters: Obama, who on Monday presents his budget proposals for the fiscal year starting October 1, has promised to tackle record deficits by initiating a spending freeze on some domestic programs and eliminating programs that are redundant.

The White House gave a preview of some of those cuts in a statement published on its blog on Saturday.
One of the proposals would eliminate the "Advanced Earned Income Tax Credit," which allows eligible taxpayers with children to get a portion of the a tax credit paid out in their paychecks throughout the year.

The White House said only 514,000 people -- 3 percent of those eligible -- claimed the credit and the error rate for the program was high, with 80 percent of recipients not complying with one or more of the program's requirements.

"This ineffective and prone-to-error program should be eliminated," White House Communications Director Dan Pfeiffer said in the statement.

Other changes would include consolidating 38 programs at the Department of Education into 11 to clamp down on inefficiencies and demand greater accountability from states and school districts on grant programs.


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