BOLD: OBAMA VOWS TO CUT $100,000,000 FROM $3,550,000,000,000 BUDGET!
Their headline:
My Way News - Obama calling on Cabinet to cut spending
Their story:
By STEVEN R. HURSTWASHINGTON (AP) - A senior administration officials says President Barack Obama is ready to ask federal department and agency chiefs to find $100 million to cut from the budget when he holds his first formal Cabinet meeting.
The official previewed Topic A for Monday's Cabinet meeting on grounds of anonymity because it will be a private session. He said Obama will be reminding Cabinet members that financially-pressed families are looking to the government to spend their money wisely.
The president's first formal Cabinet meeting is being held just days after a series of "Tea Party" demonstrations across the country in which protesters challenged the administration over it's massive spending. A cut of $100 million in a multitrillion-dollar federal budget likely will be criticized by Obama's opponents as inadequate.
Yes, just his opponents will find it inadequate. Everyone else - his proponents, I presume - will be thrilled with the toughness of an infinitesimal request for a trim.
From Morissey at HotAir:
* $100 million from a $3.5 trillion budget for FY2010: 0.0029% * $100 million from the $1.2 trillion White House deficit projection for their FY2010 budget: 0.008%
* $100 million from the $700 billion Porkulus stimulus bill Obama demanded: 0.013%
* $100 million from the $634 billion “down payment” on nationalized health care: 0.016%
* $100 million from the $555 billion omnibus spending plan completing the 2009 budget: 0.018%
* $100 million from the $13 billion in pork from the omnibus spending plan: 0.77%
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