Sunday, October 9, 2011

Where To Cut First?

The GAO released a report earlier this year that identified $200 billion in wasteful spending.  Given our current annual deficits of roughly $1.4 trillion, cutting $200 billion in spending would represent a 14.3% reduction in the size of the deficit.

That is well short of 100%, but you take it where you can find it.

How many of those programs have the Republicans and Democrats in Congress cut?  None.

What agency was targeted to have its budget cut?  The GAO.

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