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  1. #1

    Obama will slice budget by $17 billion

    Obama will slice budget by $17 billion

    The White House on Thursday will detail a proposal to save $17 billion next year by eliminating or reducing 121 federal programs, according to a senior administration official...

    ...Among the programs on the president's chopping block:

    - A long-range navigation system now made obsolete by the GPS. Cost: $35 million.

    - An early education program called Even Start, the performance of which had been poor. Cost: $66 million.

    - A Department of Education attaché position in Paris. Cost: $632,000.

    - The Christopher Columbus Fellowship Foundation, which only pays out 20% of its funds in awards every year. Cost: $1 million.

    - A program that pays states to clean out abandoned mines even after the mines have been cleaned out. Cost: $142 million.
    That's a decent start...only around $983 billion more to balance it!

  2. #2
    That is definitely a start. I wonder were are they going to use that money. You know someone is going to want to spend it

  3. #3
    Quote Originally Posted by angel0430 View Post
    That is definitely a start. I wonder were are they going to use that money. You know someone is going to want to spend it
    SWIIIIIIIIIIIIIIIIIIIIIIIIIINE FLU!!!!!!!!!!





    sorry H1N1 Flu! I forget!!!


    Here piggy piggy!!! SuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuWeeeeeeee

  4. #4
    Quote Originally Posted by JeRmZ View Post
    SWIIIIIIIIIIIIIIIIIIIIIIIIIINE FLU!!!!!!!!!!





    sorry H1N1 Flu! I forget!!!


    Here piggy piggy!!! SuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuWeeeeeeee

    they're going to give it to Kirstie Alley????

  5. #5
    President Barack Obama asked Congress on Thursday to eliminate or trim 121 federal programs for a savings of $17 billion in the coming budget year. Many of the proposed cuts have already been rejected by Obama's allies in Congress, including some programs that his predecessor, President George W. Bush, repeatedly sought to end.

    Despite the relatively modest nature of the cuts, , "none of this will be easy" amid the continuing deep economic slump, Obama said.

    The proposed cuts amount to less than one-half of 1 percent of the total $3.4 trillion federal budget outline approved last week by the Democratic-run Congress.


    Story

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