April 17th, 2011, 01:41 PM #1
Deficit Fight Misses the Easy Stuff
Deficit fight misses easy stuff | detnews.com | The Detroit News
One thing not talked much about during the ongoing deficit reduction charade is the low-hanging fruit.
A business faced with cutting costs looks first for the waste and efficiencies in its operation. But government can never seem to pick those easy-to-reach savings.
So you had the silly spectacle of Republicans and Democrats hammering each other bloody over insignificant cuts to a few programs that produced a total savings of $38 billion — or $340 million, if you accept the Congressional Budget Office analysis. And when they were done, they danced across the Capitol declaring a victory over Big Government.
Meanwhile, already assigned to a shelf deep in the congressional archives, is a month-old report from the General Accounting Office that identifies in very specific detail up to $200 billion of waste and redundancy in the federal budget. That's about 10 percent of the dollars taxpayers send to Washington.
"The world burns while Obama Tweets."
April 17th, 2011, 04:37 PM #2Conservatives: "If the facts disagree with our opinion, ignore the facts -- or at least misrepresent them."
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