Why The Budget Is So Screwed Up?

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The details of the “draconian” budget cuts have been released. Folks, this is fraud to call this budget cuts! Here is how they got $5 billion of the $39 billion dollars worth of cuts in the Federal budget this last week-end.

…the cuts that actually will make it into law are far tamer, including cuts to earmarks, unspent census money, leftover federal construction funding, and $2.5 billion from the most recent renewal of highway programs that can’t be spent because of restrictions set by other legislation. Another $3.5 billion comes from unused spending authority from a program providing health care to children of lower-income families….

OK. there’s five billion that wasn’t going to be spent anyway, though congress would have grabbed the money and spent it on something else… So…. That’s progress… Sort of…

Then it gets much, much worse.

About $10 billion of the cuts comes from targeting appropriations accounts previously used by lawmakers for so-called earmarks, those pet projects like highways, water projects, community development grants and new equipment for police and fire departments. Republicans had already engineered a ban on earmarks when taking back the House this year.

So that portion was already cut before Boehner, Reid, and Obama walked into the room. The Republicans have crowed about those cuts in a previous budget statement. So they get to count that cut twice?

Republicans also claimed $5 billion in savings by capping payments from a fund awarding compensation to crime victims. Under an arcane bookkeeping rule – used for years by appropriators – placing a cap on spending from the Justice Department crime victims fund allows lawmakers to claim the entire contents of the fund as budget savings. The savings are awarded year after year.

Sigh!

Those of you who live in California recognize these cuts as what they are – Accounting Gimmicks!!!!  We recognize them because it’s exact same way that CA has been faking a balanced budget year after year in the once golden state for the last five years. About the only thing the Republicans / Tea Party crowd got out of this was some winning press from the media.

Let the revolt begin!!!!

 

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