Obama demands 0.0029% budget cut after running up spending
How can Barack Obama demonstrate his fiscal-responsibility creds after pushing through Porkulus, a pork-filled omnibus spending plan, and a $3.5 trillion budget that far outstrips even the last spending plan from the Democratic-controlled Congress? Demand a big reduction in spending through budget cuts at federal agencies. Obama has done just that — with cuts that amount to a whopping 0.0029% of the budget Obama just pushed Congress to provide him:
President Obama plans to convene his Cabinet for the first time today, where he will order members to identify a combined $100 million in budget cuts over the next 90 days, according to a senior administration official.
The budget cuts, while they would account to a minuscule portion of federal spending, are intended to signal the president’s determination to cut spending and reform government, the official said.
Obama’s order comes as he is under increasing pressure to show momentum toward his goal of eventually reducing the federa