A New Era of Responsibility? | FrontPage Magazine: "We will continue to go through the budget, line by line, page by page, to eliminate programs that we can’t afford and don’t work,” declared President Obama in his State of the Union address on January 27.
Five days later the president delivered his Fiscal 2011 budget to the US Congress. This he did to much fanfare, seeking to cast it as a product of fiscal prudence. In the message that accompanied the document, he stated:
“The Budget includes more than 120 programs for termination, reduction, or other savings for a total of approximately $23 billion in 2011, as well as an aggressive effort to reduce the tens of billions of dollars in improper Government payments made each year.”
At first sight this may look like the work of an earnest waste cutter. It is, however, nothing of the sort. The $23 billion of “savings” is actually only about one half of one percent of the $3.84 trillion total.
A question for the president: Is one half of one percent all the waste you can find in the federal government? After all, it is an institution whose financial profligacy is legendary. Should we assume, Mr. President, that all of the remaining 99.5 percent is spent wisely and un-wastefully?"
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