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Archive for February 21st, 2013

Obama declared, “Emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. Border Patrol agents will see their hours reduced. FBI agents will be furloughed. Federal prosecutors will have to close cases and let criminals go.”

Let’s put aside the issue the sequester was the OBAMA Administration’s proposal for a minute.

Let’s talk about numbers.

The sequester will cut about $85 Billion from Federal Spending (I’d say from the budget, but it’s been years since we’ve had one of those).

Total Federal Spending for FY 2013 is approximately $3.8 Trillion.

By my math, that is a cut of about 2%.

The budgeted Federal Deficit for this year is $901 Billion.

By my math, that means a cut of about 9% of spending of money that the government doesn’t have to begin with.

Washington is engaged in an argument about whether to hold the plane straight while flying full speed into the ground, or whether to just let it spiral in.

But keep in mind, the roughly $2.9 Trillion in tax money isn’t enough.   It isn’t a spending problem.  It’s a revenue problem.

Government is whistling past the graveyard.

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