Federal Government Attempts to 'Cut Spending' Are Laughable

cut spendingFederal spending is at an all-time high, which means that the United States is borrowing money at an unprecedented rate. Did you know that the government borrows close to half of every dollar that it spends? Yup, they decide to fund research on crack monkeys, and then they put the bill on the national Visa for our kids to pay off someday. 

Not cool, Uncle Sam, not cool.

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Last summer, when everyone was panicking over the debt ceiling and whether or not the federal government would be shut down over failure to increase our credit limit, a sort of compromise was reached. President Obama would be allowed to borrow more money, and in exchange, a Super Committee would be formed to find places in the budget to cut spending.

(Cutting spending is really a misnomer here, since these particular cuts refer to increased spending. In other words, they’re not going to cut spending at all, just find some places where they can give smaller ‘raises’ than they normally do. It’s insane, I know.) 

The Super Committee is a bipartisan group of politicians from both the House of Representatives and the Senate, slated with the task of cutting $1.2 trillion over the next 10 years. Since the deficit is expected to go up at least $10 trillion over the same time period, this is like saying that the Super Committee has to find a way to only increase spending by $8.8 trillion instead of $10 trillion.

I don’t know how your budgets work, but in our home, we don’t increase spending without increasing our income. If a necessity goes up in cost, we cut corners elsewhere. It’s called fiscal responsibility. 

Come on, politicians ... if we can cut corners out of our own budgets to keep on trekking, surely you can keep from giving ginormous raises to government programs to keep our country on track.

 

Image via AR McLin/Flickr

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