Budget battle waged over sliver of the pie

When Congress takes up President Obama’s fiscal 2012 budget, the debate will center on just a fraction of the overall $3.7 trillion budget: his proposals on spending and how to pay for them.

Not counting what the government spends on national security and social safety-net programs such as Medicare and Social Security, spending on other domestic programs accounts for just 12% of the overall budget.

Read it all.

print

Posted in * Economics, Politics, Budget, Consumer/consumer spending, Corporations/Corporate Life, Economy, House of Representatives, Office of the President, Politics in General, President Barack Obama, Senate, Social Security, Taxes, The National Deficit, The U.S. Government

2 comments on “Budget battle waged over sliver of the pie

  1. David Keller says:

    To keep this in perspective, the $100B in cuts proposed by the Republicans is a .0027% cut. If your personal budget was $100K, that would be like cutting $270. I bet you could figure out some way to take the hit.

  2. Tomb01 says:

    People to Obama on his proposed budget: WTF?