Underwhelming Spending Cuts from Congress and Obama

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Uploaded by on Jul 6, 2011

$2 trillion appears to be the "sweet spot" for spending cuts in order to negotiate a debt limit increase. Rather than cut wasteful and unconstitutional spending, Congress and the President are prepared to trim around the edges to strike a deal.

Video produced by Caleb O. Brown and Austin Bragg.

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  • here's a novel idea, cut the trillion dollar wars..

  • I would like to make one small comment about the phrase "Unions to do business". I have a hard time believing that anyone's union is really doing anything to help workers today. Mainly they are PAC's that run off of mandatory union dues. I would harldy consider theft in the same class as business. Especially since unions are taking part in political organizing with forced donations and churches cannot do the same with charitable donations. I was part of a union once. Lasted about 2 paychecks.

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  • @MrConservative608 True 'dat! However, with a modest GDP growth rate, those cuts can reduce the deficit/debt. Any "Cut" in federal spending is a good thing. May not be ideal, but a good thing nonetheless.

  • @MrCactopuss That would save approximately $125b per year. What to do with the $1trillion plus deficit per year, much less, the out of control "Mandatory" spending increases each year? You may or may not realize that the interest alone on our national debt is more than the annual war budget.

  • @SpamSpamNEggs So which propaganda should people read/listen?

  • ATTENTION FELLOW CONSERVATIVES & LIBERTARIANS!!! If you want to know how serious the GOP presidential candidates are about cutting federal spending, please go to the FoxNews/Google GOP Debate YouTube page and under the text questions for the "Govn't Spending & Budget" category VOTE UP any questions about ELIMINATING BASELINE BUDGETING!!!

    Under the Baseline Budgeting accounting method, cuts are only scored as cuts in the rate of growth.

  • @cessna605ac Yes, the poor do pay taxes. Don't believe the Fox News/Republican propaganda.

  • @SpamSpamNEggs the "poor" pay no taxes friend.

    

  • This are the death thoes of your discredited system. Compared to other western countries, you don't have any room for these type of spending cuts without threatening social instability - your unemployment rate is already 50% higher than Europe, and you don't have any safety net for the unemployed. You could cut, of course, the trillions of dollars you to hand out in corporation subsidy and the military, which is currently being used to lay waste to the lives of innocent people across the planet.

  • cato institute - researching novel new ways of accelerating the destruction of the environment, fucking of the middle class and making the richest 2% richer.

  • @cbyoungblood You watch way to much Faux News. You are painfully misinformed on the subject. Your comment is so off base as to be almost incoherent.

    When you start getting your information from sources other than right wing nut jobs, you may be able to form coherent thoughts.

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