Obama, Boehner Budget Deal Increases Deficit

Economy, Featured Image, General | by | April 14, 2011
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It should be obvious by now. The government has absolutely no intention of ever decreasing spending, reducing the deficit, and eliminating the national debt. It plans to borrow more money. It wants to turn your children and grand children into impoverished debt slaves.

Obama’s budget “deal” speech: 43 minutes of doublespeak, lies, and feel-good propaganda.

On the heels of an onslaught of propaganda claiming establishment Republicans and Democrats are working together to slash the budget and reducing spending comes an estimate by the Congressional Budget Office. It notes that a bill due for a vote in the House today will cut federal outlays by a paltry $352 million through September 30, or by less than one percent. About $8 billion in cuts to domestic programs and foreign aid will be offset by an increase in so-called defense spending.

In fact, as the Washington Post notes, when the cost of occupying Iraq and Afghanistan, attacking Pakistan on the side and bombing Libya and other war on (manufactured) terror ventures are factored in, the budget increases by $3.3 billion.

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