Cut $100 Million from the Budget? Thanks Obama!

I'm proud to announce that the tea parties have be a resounding successes. Obama has heard our cries against excessive government spending, and he has decided to do something about it. How you ask? Well, the Great One has decided to cut a whopping 0.0029% of the budget:

President Obama plans to convene his Cabinet for the first time today, where he will order members to identify a combined $100 million in budget cuts over the next 90 days, according to a senior administration official.

The budget cuts, while they would account to a minuscule portion of federal spending, are intended to signal the president’s determination to cut spending and reform government, the official said.

Obama’s order comes as he is under increasing pressure to show momentum toward his goal of eventually reducing the federal deficit, even as he goes about increasing spending in the short run to prop up the economy and support his priorities.

Earlier this month, both chambers of Congress passed Obama’s $3.5 trillion budget outline for 2010, which includes unprecedented new investments in health care, education and energy. But the huge budget, which contemplates a $1.2 trillion deficit, has drawn the ire of small-government conservatives who say that the deficits jeopardize the nation’s economic future.

Now of course, libtards will argue, "Hey, $100 million is no small chunk of change." Correct sir, to you and I, it is not. But, keep this in mind: Barack Obama just proposed a $3.6 trillion budget, far larger than Bush’s last budget. At 26% of GDP, it’s also a far larger share of our country’s total productivity than ever before in peacetime. (Bush’s budgets averaged around 20% of GDP.) And the non-partisan CBO projects a deficit this year of around $1.75 trillion, four times that of Bush’s final year. That equates to just .0029% of the proposed budget. So in that sense, it is just a pittance.


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