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Obama's new budget

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Budget cuts: how they would impact the deficit

If you want to be depressed, click on this chart and see how little impact cutting foreign aid, eliminating welfare payments, and expiring all tax cuts would have on the deficit. It's an eye opener to how complicated the problem has become. No pat answers.
 
If you want to be depressed, click on this chart and see how little impact cutting foreign aid, eliminating welfare payments, and expiring all tax cuts would have on the deficit. It's an eye opener to how complicated the problem has become. No pat answers.

"Simply returning to the bloated budget of George Bush?s final year would require a historically unprecedented cut of over 15% in total government spending. The budget President Obama just submitted would swell the federal workforce to over two million. Trimming it back to where Bush left it would put half a million people out of work. Correcting this ruinous course will be an achievement unlike any the world has ever seen. The world has also never seen anything like the crash that awaits us if we fail."

The Greenroom ? Forum Archive ? The Great Crash
 
I find the notes interesting in this:

U.S. Foreign Aid Summary

There are other great articles on this, but we give approx. $26B in some form of foreign assistance. Additionally, we give about $300MM privately....that's you and me. I still say cut back on foreign aid, but do not cut the program completely. It would be global political suicide, not to mention Hollywood bashing us even more.
 
I find the notes interesting in this:

U.S. Foreign Aid Summary

There are other great articles on this, but we give approx. $26B in some form of foreign assistance. Additionally, we give about $300MM privately....that's you and me. I still say cut back on foreign aid, but do not cut the program completely. It would be global political suicide, not to mention Hollywood bashing us even more.

I don't care what Hollywood thinks and I don't care about global politricks
 
I'm not concerned with Hollywood either, but I do believe maintaining good foreign relations is key. In evaluating how much and to whom we do give, a lot goes to those war torn countries. That could easily be cut. Just a thought.
 
I'm not concerned with Hollywood either, but I do believe maintaining good foreign relations is key. In evaluating how much and to whom we do give, a lot goes to those war torn countries. That could easily be cut. Just a thought.

I believe in charity but if I can't pay my bills I cannot give to others, no matter how deserving. We must face facts, we are broke.
 
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