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Obama/Biden plan : Cutting $2 billion of the budget... not 2 trillion

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posted on Jul, 13 2011 @ 09:53 PM
And of course it won't be on the MSM exposing how Biden and the Obama administration is full of it and admitting it.

‘$2 Billion’

“How much does the Biden plan actually cut from next year’s discretionary spending budget?” the Kentucky Republican asked the room.

Obama’s Office of Management and Budget Director Jacob Lew told him, “$2 billion.”

2 billion in spending cuts.
Or 20 billion over 10 years. Gee that'll solve everything. That is a total lie compared to what they were saying earlier... that their plan would cut 1-2 trillion...
Biden is aiming to reach a goal of $1 trillion in cuts.

Another source reported they were aiming for 2 trillion over 10 years...

The republicans aren't much better... 4 trillion over AT LEAST 10 years... which is still a joke.

posted on Jul, 13 2011 @ 10:07 PM
The whole "cutting expenses" thing is a joke Vitch.
The economy, the whole worldwide economy requires this injection of "money" to work. How else can people survive, thrive, and eat very will while not really doing much of anything, while others work very hard and not get anything more as a result? Paper money.
The economy is not value based, and any so-called cuts will have nothing to do with real economics.
Cutting the "budget"...cutting how much we borrow.
Some economy.

posted on Jul, 13 2011 @ 10:17 PM
BWAAAhaaaaHAAAA! Two billion! Talk about throwing a deck chair off the Queen Mary to save weight, LOL! Moody just warned that they're ready to downgrade our debt rating (link), obviously info like this will factor into their decision. If/ when they do downgrade us the interest rates are going through the roof and this "recovery" (and I use that term VERY loosely) is going to die on the vine. We are so hosed.
edit on 13-7-2011 by SavedOne because: Added link

posted on Jul, 13 2011 @ 10:18 PM
As long as we try to fight three wars and police the world, real budget cuts will be impossible.
As long as we transfer our economy from one of manufacturing to one of service, budget cuts will be impossible.
As long as our population ages, budget cuts will be impossible.
Until we find a real solution to health care, budget cuts will be impossible.

You feel me?

posted on Jul, 13 2011 @ 10:33 PM
To put this in perspective, $2,000,000,000 is less than 0.014% of our $14,000,000,000,000+ debt. Now if they can cut this amount times 7200, they might be onto something.

Our government is a pathetic joke.

The range of emotions that I feel towards the American government:

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