That's Is The National Debt. Read It and Weep.
No matter what the administration and the main stream media says....
These are the facts folks Sequestration means that: there will be a cut in the increase of money already scheduled to be provided to various agencies. These cuts in the increase of spending amount to 1.5 to 3.%. of the federal budget. 1.5% this year and 3% long term for as long as 10 years down the road. In other words. The federal agencies sited to be cut will only lose 1.5 percent of the increase. If a federal agency is scheduled to get an increase of 1 billion dollars. Only 1.5 % of 1 billion is going to be cut of the increase they are getting. It does not mean that the present monies they already get will be cut. Just a minuscule percentage of the increase.
To put it in a way that will relate to a private citizen who is employed or self employed. If you were expecting a $100.00 raise. You would get the raise. You would now get the raise minus a $1.50. So you would receive your regular yearly salary plus a $98.50 raise. Is that so hard to live with. What would you do. Would you demand the boss give you the $1.50 when you understand business has been dropping off. Taking a chance that the company close and you won't have any salary at all.
The cuts are all for discretionary spending. There are no cuts that will effect entitlements. Like Social Security or Medicare. The show bis props used by the President in the form of Firemen and First Responders and the like, are not employed by the federal government. They are hired by states and municipalities. The scare tactics that this administration employs are immoral. In any case we all are aware of the large amount of waste the government is prone to. When they have an endless supply of money. It is a simple fact of life that if you are limited to what you can use. You are forced to use those assets more judiciously and get more mileage from what you are allotted.
After the refusal to take up the offer by congressional leaders in the House of Rep. That gave him more flexibility as to who was cut, what and how much In so doing being forced to engage in arranging the cuts by priority. The President has shown that he is not interested in making the it easier on the American people when these cuts of increase occur. Rather he wants to make it as painful as possible. Obviously for political reasons. This President has shown that he is not interested in performing his fiduciary responsibility. The debt as we speak is climbing and has been increased by over 5 trillion dollars in the past 4 years. With no end in sight. Money is fungible and can be moved and from one column to another. You just have to have the will do so and the ok from Congress. It does not have to be made with a meat cleaver. The House of Represented has already put forth the two bills on the matter. The Senate has done nothing. No budget and no bills that effect this so called crises. Congressional leaders have given him that option which he refuses to take. No instead he wants more revenue. Hey, wake up and fly right. The sequestration is a bone the President came up with. A bone to temper the raise in revenue he got last time we had to go through this Kabuki dance. He wanted it and said he would veto any move to change it. It is on tape and we all saw and heard him say it. Now he wants it to disappear. If the government can't do without $ 84 billion? Then there is no hope we can ever cut the debt.
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