February 3, 2004
Let's Balance the Budget
Dwight Meredith takes a shot at balancing the budget for w and the punch line is:
Okay, we have cut all of the fat. Waste, fraud and abuse have been eliminated. Perhaps we nicked a little muscle along the way. The problem is that we have cut only $385 billion out of a deficit of $521 billion.Of course, w has no interest in balancing the budget and could hit his target of reducing the deficit by 50% by making some of the cuts Dwight enumerates but there does not appear to be any such proposal in this years budget.The other problem is that the only discretionary spending left in the budget is for Defense and Homeland Security.
I am not kidding. We have eliminated all federal government discretionary functions except Defense and Homeland Security and the budget remains more than $130 billion in the hole.
The federal budget situation is a mess and there is no meaningful excuse that the current administration and its republocrat accomplices in congress can offer up to cleanse themselves.
Posted by Steve on February 3, 2004