The President Announces Key Spending Cuts in His Budget

The President discusses his budget reductions a change in the way Washington does business. May 7, 2009. (Public Domain)

Category:

News & Politics

Tags:

• President
• Barack
• Obama
• Fiscal
• Responsibility
• Budget
• Cuts
• Spending
• Reductions

[RussiaAir]

Are you guys serious? If he didn't do anything we'd still be WASTING the $17,000,000,000.00. So stop hating.

[spliffsperlunk]

I dont get it he just pissed away trillions of dollars to keep banks and auto manufacturers aloft for another 6 months and now he wants to cut spending ?

[PoiZinConTrol]

I'm so sick of the BS. Just this month, August 2009, the government WASTED money on the landscape project they just did on interchanges along the highway in central Florida. ValleyCrest, a billion dollar landscape company, got the contracts. Tighten those belts, what a laugh. I moved to lower my rent, gave up health insurance, and had cable tv disconnected and I still can't pay my bills. Guess I'll give up eating next.

[samsunguitar]

Watch "The Obama Deception" in HQ! This is the truth about Obama that you must know!

[yahoovisitor]

Pakistans annual budget is actually the expense voucher of its corrupt ruling/elite class enforced upon a common man, thus raising inflation, reducing his purchasing power & increasing suicide rate. If say Rs 500 ($ 8-9) are given as salary increase or rebate in tax to the salaried person Rs 3000 ($ 35-40) are snatched back in the name of IMF/World Bank in the shape of revenue or taxes. This dogmatism is in practice since 1947 & creates hatred against USA & international financing departments.

[randycarruthers]

I am glad you are a European citizen too. Far away!

[MarquisdeBarrabas]

citizen.

[MarquisdeBarrabas]

"His "syphoned" tax dollars help crumble the Soviet Union."

Wow, the fiscal conservative facade came down pretty quickly. I guess you ARE a Reagan Republican.

"As a result of his leadership we became a more secure nation both militarily and economically."

As the explosion of terrorist organisations and failed states in the post-Cold War world clearly attests. hahaha

No seriously, It's people like you that make me glad I'm an European.

[randycarruthers]

Same Reagan. His "syphoned" tax dollars help crumble the Soviet Union. As a result of his leadership we became a more secure nation both militarily and economically. Obama's leadership is taking us in the opposite direction.

[MarquisdeBarrabas]

You're right, waiting for the market to 'correct itself' worked so well for Hoover.

[MarquisdeBarrabas]

"We're going to have to tighten our belts"

Not that crap again (no offence). This is like the Clinton years all over again!