Posted by: arnegrim | November 29, 2010

Budget cuts from the bottom up…

“President Barack Obama will announce a two-year pay freeze for federal employees Monday, a move White House officials say is the first of many difficult decisions that must be made to reduce the nation’s mounting deficit.

…The freeze is expected to result in more than $5 billion in savings over two years…

…That would make only a small dent in the $1 trillion-plus budget deficit.”

http://news.yahoo.com/s/ap/20101129/ap_on_bi_ge/us_obama_pay_freeze

Small dent… yeah, I would say 1/2 of 1% is a minuscule dent.

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