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Current Events => Breaking News => Topic started by: Chris on May 07, 2009, 03:39:30 PM

Title: Obama Releases Details of $3.4 Trillion Budget Plan
Post by: Chris on May 07, 2009, 03:39:30 PM
(http://i649.photobucket.com/albums/uu212/2059911/obama-teleprompter.jpg)

The new budget documents, totaling more than 1,500 pages, fill in the details of a broad outline that Obama released in February. They include a massive appendix listing program-by-program information on the roughly 40 percent of the fiscal 2010 budget that constitutes discretionary spending, which will be set by Congress in what is expected to be a contentious appropriations process.

Also included is a separate tome that provides details on the programs targeted for cuts or elimination. If approved by Congress, those trims would amount to only about half a percent of the $3.4 trillion federal budget. But the proposed reductions are expected to be equally controversial on Capitol Hill, with some lawmakers battling for programs they favor and others demanded deeper cuts.

In addition to the F-22 and presidential helicopter programs, proposed cuts include halting a $19 billion transformational satellite program and trimming $1.2 billion from missile defense.

One of Obama's targets for elimination is the State Criminal Alien Assistance Program, which reimburses states and localities for part of the cost of incarcerating criminals who turn out to be in the country illegally. Created in 1994, the program was repeatedly targeted by Bush officials, who argued that it was ineffective. But Congress restored funding for the $400 million-a-year program because it was popular with state and local officials.

Obama also wants to do away with Even Start, a program created in the late 1980s to promote literacy for young children and their parents. Starting in 2005, Bush tried annually to persuade Congress to eliminate the program. Lawmakers gradually reduced funding from $247 million to $66 million, but never proved willing to eliminate it.

(MORE) (http://www.washingtonpost.com/wp-dyn/content/article/2009/05/07/AR2009050702001.html?nav=rss_email/components&sid=ST2009050702048)
Title: Re: Obama Releases Details of $3.4 Trillion Budget Plan
Post by: thundley4 on May 07, 2009, 05:56:25 PM
This is sofa king stupid.  The media and 0Bama are touting his $17B in cuts from existing programs while totally ignoring the HUGE increase in spending overall.  Little is being made of the fact that most of his cuts are coming at the expense of the military.

I've always supported increased military spending on the theory, that if you have a great country, then you have to defend it.  I'm coming to realize that 0bama's whole plan is to make the US not worth defending, and therefore there is little need for a military.
Title: Re: Obama Releases Details of $3.4 Trillion Budget Plan
Post by: Rick on May 07, 2009, 06:20:41 PM
That's a real good picture of the teleprompter. Kinda tells you, who is in charge.
Title: Re: Obama Releases Details of $3.4 Trillion Budget Plan
Post by: Texacon on May 07, 2009, 07:17:47 PM
That's a real good picture of the teleprompter. Kinda tells you, who is in charge.

Good catch!  H5

KC
Title: Re: Obama Releases Details of $3.4 Trillion Budget Plan
Post by: AllosaursRus on May 07, 2009, 08:30:21 PM
$3,400,000,000,000......... Hmmmmmmm. I guess it don't look so big on paper does it?

I think I read somewhere if you stacked $100 dollar bills on top of each other for 1 trillion, it would be 35 miles high!

3.4 trillion then, would be 119 miles! Hell we wouldn't need the Space Shuttle anymore, we could just stack the satellites on top in order to put them in orbit!