Posted by: arnegrim | April 4, 2011

Budgeting smoke and mirrors

“Democratic officials knowledgeable about the proposals said the administration’s ideas including taking unused money from federal highway programs and leftover funds from a program providing health care to middle-class families. Both ideas count in congressional budget terms as savings that could be used to pay for spending elsewhere in the day-to-day budgets of domestic agencies, but their practical effect is nil.”

http://news.yahoo.com/s/ap/20110404/ap_on_re_us/us_obama_spending_showdown

Wait… so if I reduce how much I have budgeted for one area… it counts as a budget cut.  But if I then use those funds to pay for something in another area… it STILL counts as a budget cut?!?

No wonder we’re so bankrupt!

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