The $61 Billion Is More Important Than You Think

Many people are saying $61 billion is a drop in the bucket to the debt fo $14 trillion  and we should concentrate on the budget for 2012. Congressman Mike Pence, a Republican from Indiana, on the Laura Ingraham show, pointed out a fact nobody is addressing.  

Most of the $61 Billion the Republicans are asking to cut is from committees or councils that were created by the Stimulus Bill. The Democrats refuse to allow these new agencies or bureaucrats to go away when the Stimulus died. Congressman Pence points out if these agencies were to be defunded, instead of just a $61 Billion cut, The amount over 10 years would be $400 Billion. That is in fact, significant.

2012 is coming!!!!


About billmoore353

Retired LTC- USAR Former HS Principal- John A. Holmes HS in Edenton, NC Former HS Principal- Roosevelt HS in Yonkers, NY
This entry was posted in Budget, ECONOMY, Politics, stimulus. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s