*Worth A Close Look: *Keith Hennessey provides a neat bar graph
<http://keithhennessey.com/2009/05/07/budget-baby-terminator/> comparing
Bush's proposed cuts in discretionary spending in his last budget to
Obama's proposed cuts, in his first budget. Some summary points:
. President Bush proposed $6.6 B (57%) more in discretionary program
terminations and reductions than President Obama.
. Three-fourths of President Obama's T&R savings come from defense.
. President Bush proposed 6.7 times more non-defense T&R savings
than President Obama. (= 18.1 รท 2.7)
(T&R = terminations and reductions.)
But you should take a close look yourself.
Of course, the president may propose, but Congress disposes. Even if
Obama were more inclined to limit domestic spending, he would find it
hard to rein in the Democratic majority in Congress.
(By way of the Instapundit <http://pajamasmedia.com/instapundit/78194/>.)
- 10:33 AM, 8 May 2009
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