Tuesday, January 26, 2010

it's a start

Sensible reductions in government spending are always welcome:
WASHINGTON – Facing voter anger over mounting budget deficits, President Barack Obama will ask Congress to freeze spending for some domestic programs for three years beginning in 2011, administration officials said Monday...

The spending freeze would apply to a relatively small portion of the federal budget, affecting a $477 billion pot of money available for domestic agencies whose budgets are approved by Congress each year. Some of those agencies could get increases, others would have to face cuts; such programs got an almost 10 percent increase this year. The federal budget total was $3.5 trillion.
Further details in the article (plus knowing how bureaucrats think) makes me less optimistic about how seriously anyone inside the beltway is taking deficit reduction.

Make that a really large "portion of the federal budget" being scaled back, and quickly please.

update: imagine my surprise - not even a day later, the senate rejects the deficit reduction plan. you've heard it said that "the devil's in the details"? i suspect he has his minions from top to bottom of this government spending insanity.

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