Startraveler Posted January 15, 2010 #1 Share Posted January 15, 2010 The conservative Washington Times is impressed today that thus far Obama has been more effective at winning spending cuts than his predecessor: President Obama notched substantial successes in spending cuts last year, winning 60 percent of his proposed cuts and managing to get Congress to ax several programs that had bedeviled President George W. Bush for years.The administration says Congress accepted at least $6.9 billion of the $11.3 billion in discretionary spending cuts Mr. Obama proposed for the current fiscal year. An analysis by The Washington Times found that Mr. Obama was victorious in getting Congress to slash 24 programs and achieved some level of success in reducing nine other programs. Among the president's victories are canceling the multibillion-dollar F-22 Raptor program, ending the LORAN-C radio-based ship navigation system and culling a series of low-dollar education grants. In each of those cases, Mr. Obama succeeded in eliminating programs that Mr. Bush repeatedly failed to end. "This is a very strong beginning for the president's efforts to shape a budget that invests in programs that work and that ends programs that don't," said Tom Gavin, a spokesman for the White House budget office. "The Congress has approved more than 60 percent of the president's proposals, and that's a high mark, that's a strong beginning." By comparison, the Committee for a Responsible Federal Budget says Mr. Bush won 40 percent of his spending cuts in fiscal 2006 and won less than 15 percent of his proposed cuts for 2007 and 2008. Link to comment Share on other sites More sharing options...
Pseudo Intellectual Posted January 15, 2010 #2 Share Posted January 15, 2010 I'm sorry, but are you seriously telling us, with a straight face, that Obama is [good at] cutting spending? Link to comment Share on other sites More sharing options...
Sir Wearer of Hats Posted January 15, 2010 #3 Share Posted January 15, 2010 I'm sorry, but are you seriously telling us, with a straight face, that Obama is [good at] cutting spending? Yeah - spending is down on education, scientific research, actual healthcare..... Link to comment Share on other sites More sharing options...
AROCES Posted January 15, 2010 #4 Share Posted January 15, 2010 From correspondents in Washington, USA From: AFP March 21, 2009 10:35AM THE US Budget deficit could hit $US1.845 trillion ($A2.7 trillion) this year under the Budget proposed by President Barack Obama, quadrupling the 2008 record shortfall, a new forecast showed. The Congressional Budget Office, a nonpartisan agency of Congress, said its latest Budget deficit estimate for fiscal 2009, which ends on September 30, would amount to 13.1 per cent of the country's entire economic output. Since its early January estimate of a $US1.2 trillion ($A1.75 trillion) gap, the CBO said, the enactment of stimulus legislation such as the $US787 billion ($A1.15 trillion) stimulus plan and other measures to revive the economy, and other factors had added more than $US400 billion ($A580 trillion) to deficit projections for 2009 and 2010. Link to comment Share on other sites More sharing options...
Ryinrea Posted January 15, 2010 #5 Share Posted January 15, 2010 Political Fact. Org Link to comment Share on other sites More sharing options...
Ryinrea Posted January 15, 2010 #6 Share Posted January 15, 2010 (edited) From correspondents in Washington, USA From: AFP March 21, 2009 10:35AM THE US Budget deficit could hit $US1.845 trillion ($A2.7 trillion) this year under the Budget proposed by President Barack Obama, quadrupling the 2008 record shortfall, a new forecast showed. The Congressional Budget Office, a nonpartisan agency of Congress, said its latest Budget deficit estimate for fiscal 2009, which ends on September 30, would amount to 13.1 per cent of the country's entire economic output. Since its early January estimate of a $US1.2 trillion ($A1.75 trillion) gap, the CBO said, the enactment of stimulus legislation such as the $US787 billion ($A1.15 trillion) stimulus plan and other measures to revive the economy, and other factors had added more than $US400 billion ($A580 trillion) to deficit projections for 2009 and 2010. Political Fact. Org says that is mostly true. The deficit grows is barely true Edited January 15, 2010 by Ryinrea Link to comment Share on other sites More sharing options...
Kimi81 Posted January 15, 2010 #7 Share Posted January 15, 2010 Good for them, they showed the ability to be impartial despite their party affiliation. That's something a lot of people are unable to do but so I take my hat off to them . Link to comment Share on other sites More sharing options...
Kimi81 Posted January 15, 2010 #8 Share Posted January 15, 2010 Political Fact. Org says that is mostly true. The deficit grows is barely true Girl, Aroces and a few others here are political robot for they're partys. Obama could end the deficit and cure aids, and he would still find fault with it soely because he doesn't belong to the Republican Party. I wouldn't waste my time Link to comment Share on other sites More sharing options...
preacherman76 Posted January 15, 2010 #9 Share Posted January 15, 2010 This is the funniest thread Ive have ever seen. 0bama and spending cuts? Im gonna need a sec.LOL Link to comment Share on other sites More sharing options...
AROCES Posted January 15, 2010 #10 Share Posted January 15, 2010 Girl, Aroces and a few others here are political robot for they're partys. Obama could end the deficit and cure aids, and he would still find fault with it soely because he doesn't belong to the Republican Party. I wouldn't waste my time The only way for Obama to end the deficit is thru Taxation for he is a Socialist. And he will never cure aids, the Messiah thing is just a political talking point. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now