
“To save America from the supposedly ‘savage’ and ‘draconian’ budget cuts caused by sequestration, President Obama has instead asked Congress to approve an alternative fiscal package containing additional tax increases. So why is the sequester so bad? Does it slash the budget by 50 percent? Does it shut down departments, programs, and agencies? Well, the Congressional Budget Office today released its annual Budget and Economic Outlook, and Tables 1-1 and 1-5 allow us to see the ‘brutal’ impact of the sequester. As you can see from this chart, the sequester will ‘cut’ spending so much that the budget will grow by ‘only’ $2.4 trillion over the next 10 years.”
Related posts:
Italian Business Taxpayers Feel 'Persecuted'
Destroying the Right to Be Left Alone
Lead bullets for artists in Buenos Aires
10 Shocking Examples of Police Killing Innocent People in the "War on Drugs"
State Gasoline Tax Rates 2013
Three More Cities Vote to Ban Red Light Cameras
VPNFilter malware infecting 500,000 consumer devices is worse than we thought
Georgia required woman to get vaginal exam to correct birth certificate error
Instead Of Bonds, Buy This…
What It’s Like to Be Declared Dead by the Government
Georgia Insurance Rates Spike Under Obamacare
National I.D. By Any Other Name Still Stinks
Legal loophole allows new belt-fed AR-15 that sprays bullets
When Wearable Technology Interacts With Everyday Tools
Taxi firms seek to drive bitcoin adoption