Obama's latest budget-tightening effort hardly makes a dime's worth of difference

SPIN METER: Obama's latest budget-tightening effort hardly makes a dime's worth of difference

The thrifty measures Obama ordered for federal agencies are the equivalent of asking a family that spends $60,000 in a year to save $6.

$100 million amounts to:

--Less than one-quarter of the budget increase that Congress awarded to itself.

--4 percent of the military aid the United States sends to Israel.

--Less than half the cost of one F-22 fighter plane.

--7 percent of the federal subsidy for the money-losing Amtrak passenger rail system.

--1/10,000th of the government's operating budgets for Cabinet agencies, excluding the Iraq and Afghan wars and the stimulus bill.

Republicans were quick to point out that borrowing costs for February's stimulus package will on average cost almost $100 million a day over the next decade.

Should have used the budget saving tactics

Submitted by birdman on Tue, 04/21/2009 - 9:58am.

of the last 8 years. Sure cutting $100 million is a drop in the bucket, but given the cuts of the last 8 years, it's $100 million more than the Repubs gave us.

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