tag:blogger.com,1999:blog-4070463167837081836.post2730450630798458240..comments2023-03-27T12:19:16.712-07:00Comments on The Right Wing Rag: Misleading of President Armageddon....ObamaAnonymoushttp://www.blogger.com/profile/04870653944671205101noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4070463167837081836.post-65849212513510204842013-02-22T21:15:19.136-08:002013-02-22T21:15:19.136-08:00The Federal Budget is approx. $3.6 Trillion and ...The Federal Budget is approx. $3.6 Trillion and the $85 billion in "sequestered cuts" coming up represents less than 3% of overall spending. Hell, my health insurance went up more than that!<br /><br />Only half of the 85 billion hits defense, not really all that drastic. The problem is where the cuts are mandated...that is to say, defense has no say in where the cuts are made. I say let the cuts come but let defense decide where. In today's economy, I've had to cut back at least 3%, why can't the government?<br /><br />As for the other half, most is to discretionary spending...and that simply means "Pork" to me.<br /><br />The Obama Administration is using scare tactics citing cuts in key services that will never come to be. And, the media is towing the line instead of reporting reality!<br /><br />What we really ought to be afraid of is inflation that's soon to come because The Fed keeps printing money. When that comes about it's gonna be tough to pay interest on our debt without cuts in key services...but nobody is reporting that!Anonymousnoreply@blogger.com