President Obama wants to reduce federal discretionary spending to save $10 billion a year. OK, fine. That makes the president look like budget hawk? Not so much...
The big entitlements (social security, medicare, medicaid) are non-discretionary, and account for 59% of the budget. Everyone knows these programs are on the road to insolvency. The benefits these programs provide are unsustainable. Until spending on these programs is managed, the federal budget is in trouble. Nibbling around the edges of discretionary spending is almost meaningless.
But does anyone think that the House Democrats will be into reducing federal spending? They think more spending is needed to further "stimulate" the economy.
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