Wednesday, April 13, 2011

GOP Budget Deal - #2810 - GOP Budget Deal: Budget Tricks Helped Obama Save Programs From Cuts - My Way (2) VIDEO: Mark Levin: Budget Deal is 'Historic Scam!' - Interview with Neil Cavuto - Fox (3) Analysis: Budget Deal Only Reduces Real Discretionary Spending by Around 15B - Hot Air (4) Obama Prevents Budget Cuts to Favorite Programs - Associated Press (50 Budget Deal Axes 'Czars Already Gone - Politico (6) Conservatives' Criticism of Budget Compromise Growing - Washington Examiner

Budget Tricks Helped Obama Save Programs From Cuts - The historic $38 billion in budget cuts resulting from at-times hostile bargaining between Congress and the Obama White House were accomplished in large part by pruning money left over from previous years, using accounting sleight of hand and going after programs President Barack Obama had targeted anyway.  Such moves permitted Obama to save favorite programs - Pell grants for poor college students, health research and "Race to the Top" aid for public schools, among others - from Republican knives, according to new details of the legislation released Tuesday morning.  And big holes in foreign aid and Environmental Protection Agency accounts were patched in large part. Republicans also gave up politically treacherous cuts to the Agriculture Department's food inspection program..........The details of the agreement reached late Friday night just ahead of a deadline for a partial government shutdown reveal a lot of one-time savings and cuts that officially "score" as cuts to pay for spending elsewhere, but often have little to no actual impact on the deficit.  As a result of the legerdemain, Obama was able to reverse many of the cuts passed by House Republicans in February when the chamber approved a bill slashing this year's budget by more than $60 billion.   Read more........... AW: This article was on Drudge and Rush opened his radio show with this as well as other articles detailing more revealing facts of the BUDGET DEAL.  Now I understand why Mark Levin is so upset.  See video below.



Mark Levin Interview with Neil Cavuto - Budget Deal is 'A Historic Scam!'


Analysis: Budget Deal only Reduces Real Discretionary Spending by Around $15B - Hot Air -  See this AP piece for the grim details. Quote: “[T]he cuts that actually will make it into law are far tamer, including cuts to earmarks, unspent census money, leftover federal construction funding, and $2.5 billion from the most recent renewal of highway programs that can’t be spent because of restrictions set by other legislation.” Another $4.9 billion comes from a Crime Victims Fund that wasn’t going to be spent this year anyway.  Based on the number of Republicans who voted no and Democrats who voted yes on the short-term funding resolution passed late last week, Boehner’s got something like a 40-vote cushion for Thursday’s House vote on the package. How much of it will be left after this starts making the rounds?  The specifics show that finding nearly $40 billion in cuts during the 2011 fiscal year required clever accounting and, for the White House, a willingness to concede on rhetoric to find gains on substance.  For example, the final cuts in the deal are advertised as $38.5 billion less than was appropriated in 2010, but after removing rescissions, cuts to reserve funds and reductions in mandatory spending programs, discretionary spending will be reduced only by $14.7 billion.  Read more.......


Obama Prevents Budget Cuts to Favorite Programs - Associated Press -  A close look at the government shutdown-dodging agreement to cut federal spending by $38 billion reveals that lawmakers significantly eased the fiscal pain by pruning money left over from previous years, using accounting sleight of hand and going after programs President Barack Obama had targeted anyway.  Read more.......

Budget Deal Axes 'Czars Already Gone - Politico The language in the short-term budget agreement seeks to put four of President Barack Obama's policy czars out of jobs — those appointed to assist the president on health care, climate change, autos and manufacturing, and urban affairs. The catch: At least three of those four czars have already moved out of the czar jobs.  Read more.......

Conservatives' Criticism of Budget Compromise Growing - Washington Examiner -....... But many fiscal conservatives, including Reps. Mike Pence, R-Ind., and Jim Jordan, R-Ohio, have announced they will not back the 2011 plan because it cuts only $38.5 billion, a historic amount for a single-year reduction but about $23 billion less than what Republican lawmakers said was needed to fulfill their campaign pledge to reduce spending to 2008 levels.  Jordan, who heads a large faction of conservative House Republicans as chairman of the Republican Study Committee, said he expects significant GOP opposition when the 2011 budget comes up for a vote.  Read more.......

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