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President Barack Obama has reluctantly ordered an $85bn austerity drive that could slow the US economy and slash jobs, after blaming Republicans for refusing to stop the "dumb" spending cuts.
The Pentagon's budget is set to be slashed by roughly $46 billion.
The Telegraph
Originally posted by ollncasino
Obama has signed off $85bn spending cuts
President Barack Obama has reluctantly ordered an $85bn austerity drive that could slow the US economy and slash jobs, after blaming Republicans for refusing to stop the "dumb" spending cuts.
The Pentagon's budget is set to be slashed by roughly $46 billion.
The Telegraph
Defense spending is cut by $46 billion. With the rise of China, why is an American president cutting defense spending?
Originally posted by marg6043
And then Obamacare comes into effect, be mandated to shed more hard earned dollars on outrageous insurance.
Originally posted by DaTroof
$46bn is only 1% of the military's budget, and that's not including black ops and classified DARPA projects.
Meanwhile, $46bn could give everyone on Earth clean drinking water and the ability to produce and filter their own in poverty-stricken areas. Food for thought.
Originally posted by FlyersFan
Originally posted by marg6043
And then Obamacare comes into effect, be mandated to shed more hard earned dollars on outrageous insurance.
Obama is in bed with the insurance companies.