World-News

Antiwar.com Antiwar.com
by Ivan Eland

02/16/11

"[D]idn?t Secretary of Defense Bob Gates just announce that he was cutting $78 billion over five years from the Department of Defense?s (DoD) budget? Yes, but only in Orwellian Washington, D.C., is a budget cut actually a budget increase. In reality, to forestall deeper reduction, the cagey Gates offered only to cut planned increases in DoD?s future budgets (excluding funds for the Iraq and Afghanistan wars). Thus, the non-war defense budget will still be increasing from year to year, but at a lower rate than the fictional plan...

http://tinyurl.com/4atdlvc



Obama?s sea of red

Cato Institute Cato Institute
by Michael D. Tanner

02/15/11

In the days and weeks leading up to the release of his budget, President Obama and his spokesmen warned us that it would contain 'tough choices' and 'painful cuts.' Having increased government spending by 21.4 percent during his first two years in office, Obama would now be intent on imposing 'fiscal discipline.' Hah! By the administration's own estimates, Obama's $3.7 trillion budget would raise this year's budget deficit to $1.65 trillion, the largest pool of red ink since the end of World War II...

http://www.cato.org/pub_display.php?pub_id=12786


Informant: Thomas L. Knapp



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=budget
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=government+spending
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=fiscal+discipline
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Armageddon
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=DoD
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Robert+Gates
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ivan+Eland
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Michael+D.+Tanner
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