When is a deal not a deal?
Posted by Thomas Gordon on February 28, 2013
With time running out, President Barack Obama has ramped up the fear tactics on the impending sequester. Massive teacher layoffs, planes falling from the sky’s, massive releases of hardened criminals from prisons and other impending doom as both Barack Obama and his spokespeople would have us believe.
The agreed to spending cuts are only $44 billion out of a total Federal budget of $3.6 billion. That’s still an increase in spending over last years Federal budget of $3.5 billion.
The White House Office of Management & Budget claims the sequester will slice $2 million out of the $20 million budget belonging to the National Drug Intelligence Center. Sounds scary until we dig deeper and find out that program was closed in 2012. Their duties have been absorbed by the DEA and they only requested $8 million of the former $20 million budget to run the same programs.
And despite Barack Obama claiming otherwise, the whole idea of spending cuts were his idea as part of the deal to raise taxes and increase the debt limit back in August 2012. He has been quoted repeatedly as saying we needed a balanced approach of “revenue increases” and spending cuts.
Republicans met Barack Obama half way on tax increases and Barack Obama signed off on agreed too spending cuts.
This President has no one to blame but himself.