Thursday, May 7, 2009

Federal Budget Update!

It appears Obama's now proposing $17B in budget cuts to the original $3.5T proposed. That's up from $100M (170x). This is good news, as it would reduce the $3.5T to $3.483T instead of down to just $3.4999. My beef now remains with Congress who is trying to cut some of the reductions in that $17B. Thanks, Harry. Nevertheless I still wish we weren't adding $1.17T to the deficit even if all these cuts go through.

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