Free Markets, Free People

cost-cutting


Crazy Barry is Cutting Prices to the Bone!

The Washington Post reports on the president’s bold move to order his cabinet to identify cost savings in the Federal government:

President Obama plans to convene his Cabinet for the first time today, and he will order its members to identify a combined $100 million in budget cuts over the next 90 days, according to a senior administration official.

So, how much is that, exactly, in terms of spending?  Well, let’s take a look.  Heritage Foundation drew up a little graph for our edification.

obamacuts

As the AP “Spin Meter” puts it:

The thrifty measures Obama ordered for federal agencies are the equivalent of asking a family that spends $60,000 in a year to save $6.

He’s all about the sacrifice.