Monday, April 25, 2011

Why the budget was cut by only $38 billion

With the current huge, and increasing, deficits the United States Federal government is running you think our leaders would start to realize the need for serious cuts.  The recent $38 billion in cuts was merely a small slow down in the growth of the budget.  It wasn't the kind of cut you or I would make when faced with hard economic times. 

Benjamin Powell explains why the "cuts" are so small:

For more information check out: Why Washington Only Cut $38 Billion from Federal Spending.

Hat tip: Miazagora

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