01
Feb
10

I found this Amusing…sad, but amusing…

Freezing some domestic programs for three years and then holding it at the rate of inflation for the rest of the next decade would save $250 billion, the administration estimates.

That would represent an abrupt shift in priorities. Non- defense discretionary spending is projected to grow this year by 7 percent not including the costs of last year’s stimulus package, according to the CBO.

The increase totals 17 percent once the stimulus package is included, according to CBO estimates. The administration’s plan also calls for 120 program terminations, reductions and other savings it estimates would save $20 billion.

It would provide $33 billion in “emergency” funding this year to help pay for the administration’s troop buildup in Afghanistan. Next year, war costs would amount to $159.3 billion. The basic defense budget would amount to $549 billion, a 3.4 increase from this year.

The Department of Homeland Security would get a 2 percent increase, veterans programs would get a 7 percent budget increase and the State Department and other international programs would see a 8 percent hike.

The budget has more than doubled from $1.9 trillion in 2001, according the OMB’s historical data.


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