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Increased domestic spending may be behind proposed military cuts, CBO report suggests

Revmitchell

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As the Obama administration announces proposed sweeping defense cuts, a Congressional Budget Office report documents how increases in other areas of domestic spending may be forcing the White House to reduce money for the military.

The CBO report finds that mandatory spending, which includes Social Security, Medicare and Medicaid, is projected to rise $85 billion, or 4 percent, to $2.1 trillion this year.

Interest on the debt is worse. It is projected to increase 14 percent per year, almost quadrupling in dollar terms between 2014 and 2024. "We are going to be spending more in interest in a couple of years then we do on national defense," House Armed Services Committee Chairman Buck McKeon, R-Calif., told Fox News.


http://www.foxnews.com/politics/201...-be-behind-proposed-military-cuts-cbo-report/
 
I'd say that's obviouos, since he wants to cut the military but spend $300 billion on roads and bridges.
ust two days after the Pentagon outlined major cuts to the U.S. Army and other military programs, President Obama is calling for a whopping $300 billion commitment for America's roads, bridges and mass transit systems -- though as much as half comes from a tax plan that has bleak prospects on the Hill.

The president talked about the stimulus-style plan during a stop Wednesday afternoon in St. Paul, Minn. Officials say the money, as proposed, largely would come from "pro-growth business tax reform." But aside from the challenges in pushing tax reform, Obama could have a hard time making the sell when his military leaders, just days ago, were complaining about the budget crunch.
He's bound and determined to destroy this country, and make it look like he's helping it.
 

Revmitchell

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Roads and bridges, if you believe that on I have some ocean front property here in NM to sell you.
 

go2church

Active Member
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Like the idea of less government spending, but it's not less spending if you are just shifting things from one stack over to another stack.
 

Revmitchell

Well-Known Member
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Like the idea of less government spending, but it's not less spending if you are just shifting things from one stack over to another stack.

I do too. And I could agree with the cuts it it was to fix the debt and get our economy back on track. But this is not what that is.
 
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