Thursday, March 21, 2013

That Budget Surplus


For John, BLUFThere is a budget surplus out there somewhere.  Nothing to see here; just move along.

At Defense News we have an article on the Administration's Fiscal 2014 Budget, by Reporter Marcus Weisgerber, titled "New WH Plan Would Cut $100B From Defense".  Here is the lede:

WASHINGTON — The White House is preparing to submit a fiscal 2014 federal budget that would partially offset across-the-board sequestration cuts by reducing the Pentagon budget by $100 billion, but not until later this decade, according to a senior defense official and budget documents.
Note that the saving will not occur "until later this decade".  One of my Brothers EMailed me about this, stating:
What I don’t understand is after how many times I’ve read over the last four decades about all the money to be saved, although “outside the President’s term of office” or “outside the FYDP,” that we don’t have a budget surplus in the quadrillions.
Smoke and mirrors?

Aside from President Bill Clinton, in cooperation with then House Speaker Newt Gingrich, this has been a bipartisan approach for many decades.

Regards  —  Cliff

1 comment:

  1. When was the last budget cut to hit DHS or HHS or DoS. I mean one that is substantiated by REAL numbers. The DoD continues to be the cash cow for this Administration.....and others before it.

    The message is clear to any who are watching...."We don't need no stinkin' defense. All we need to do is send money and apologies, hand delivered by our greatest apologist, Kerry."

    ReplyDelete

Please be forthright, but please consider that this is not a barracks.