| Of course he does. It's not like he would cut any of his stimulus spending, the pork for the states, the pork for the liberals, and the increasingly bloated federal government. But defense spending? He can do that. Let's take him up on it: for every dollar of defense spending that is cut, he agrees to cut another $4 in non-defense spending. Right now. This budget cycle. |
White House budget director Jack Lew said the proposal to be unveiled on Monday puts the government on track to halve the budget deficit by the end of Obama's first term in office, which extends through 2012.
| That would make the deficit over double that of the average Bush deficit, and we know, thanks to Pelosi and Reid, how evil those were. |
"We'll see the details of this budget tomorrow, but it looks like to me that it is going to be very small on spending discipline and a lot of new spending so-called investments," Ryan said on "Fox News Sunday."
The deficit is forecast to reach $1.48 trillion this fiscal year, or 9.8 percent of U.S. GDP. This would be down from 10.0 percent of GDP in 2010, but still very high for the United States on a historical basis.
The White House intends to get two-thirds of the $1.1 trillion in savings from spending cuts and one-third from tax revenues, including closing several tax loopholes, according to sources familiar with the budget.
| And here's the defense cuts he proposes: |
| Wuss. I could do better than this in a week. |
