Wednesday, January 27, 2010

Roll back the 2009 increases

I say roll back the 20% increase in non-discretionary spending that Obama and the Democrats instituted in 2009. Let's go back to the Bush levels of spending. On a budget of 4 trillion, that will save nearly a trillion dollars. Instead, Obama tonight will propose saving $15 Billion, that's peanuts.

In his State of the Union address tonight, Obama will propose a three-year freeze on federal funding that is not related to national security.

What kind of effect will this proposed spending freeze have on our government spending?  Reason Magazine says it would save at max a whopping $15 billion in fiscal year 2011.


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