Wednesday, April 22, 2009
Obama’s $100 Million Cut - Brian Riedl - The Corner on National Review Online
Obama’s $100 Million Cut - Brian Riedl - The Corner on National Review Online: "Today, President Obama called for $100 million in budget cuts. Out of a $4 trillion in spending this year, this is the rounding error of a rounding error:
� It is 1/40,000 of the federal budget;
� It is 1/7,830 the size of the recent “stimulus” bill;
� It would close 1/1,845 of this year’s budget deficit;
� It is the amount the federal government spends every 13 minutes; and
� For a family earning $40,000 annually, it is the equivalent of cutting $1 from their family budget."
� It is 1/40,000 of the federal budget;
� It is 1/7,830 the size of the recent “stimulus” bill;
� It would close 1/1,845 of this year’s budget deficit;
� It is the amount the federal government spends every 13 minutes; and
� For a family earning $40,000 annually, it is the equivalent of cutting $1 from their family budget."
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