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Krauthammer: Obama’s Spending Freeze Is a ‘Fraud’ that ‘Locks In Dept Budgets at Artificially High Levels’
By PoliJAM | January 26, 2010
Labeling President Obama’s plan for a spending freeze a “fraud,” Dr. Charles Krauthammer said Tuesday that the plan is really a ruse to try to fool the American people into thinking that he is cutting spending when in actuality it is “a racket that locks” in the department budgets of many federal agencies at the “artificially high levels” that he raised them to during his first year in office.
Share This“The reason it’s a fraud is that what Obama is doing here is not just excluding all the other spending we know about, discretionary spending, social security and the military, and it doesn’t include the stimulus. What he’s saying is, ‘I’m going to do a freeze on the regular departments.’ But what he doesn’t tell you is that last year, in their first year in office when they had a free ride in spending, they ratcheted up the spending for all of these departments astronomically, an average over the last half of fiscal ‘09 and all of fiscal ‘10 an average of about 20%. Now that’s huge because normally year over year you’d increase a department’s spending by 3%, 4%, especially with low inflation.
“So for example, last year alone they increased the EPA budget by 35%. So if you’re instituting a freeze, what you’re doing is you’re ratcheting in, you’re locking in the higher spending that Obama slid in last year.”
Topics: Politics | 1 Comment »
January 27th, 2010 at 10:23 am
Charlie K for President!!!