(CNN) – As Congress and the White House fight over every billion in revenue and spending cuts, there is some $200 billion in savings on the table that many economists insist is a no-brainer.
The idea is to simply change how the US calculates inflation from the current Consumer Price Index measures to one that is arguably more accurate, the chained CPI.
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No wonder politicians cannot balance a budget. They have too many fudge factors built into their estimates and calculations.
What a wonderful world of accounting....change a little number here and everything works!!!
All they really want to do, is kick it down the road.
If I had my way, all of them, from Obama to the House, would be fired and replaced, with people that were serious about fiscal responsibility.
That's what I call fuzzy math.
What an embarassment our so called leaders have become, i agree with Mr. Rick can them all
What??? Talk about the blind leading the blind......
"One simple, controversial fiscal cliff fix"
Cut the freekin military like the generals are saying.
The End.
Heard a story yesterday that it cost 75 billion to administer food stamp programs that provided 450+ million dollars in assistance to peolpe enrolled. If it's true, it's crazy and reflects the real problems of big government.
"Heard a story yesterday that it cost 75 billion to administer food stamp programs that provided 450+ million dollars in assistance to peolpe enrolled. If it's true, it's crazy and reflects the real problems of big government."
Average recipent gets about $133 in food stamps per month and there are approximately 45M people receiving food stamps, sothe total per year is a little less than $72B. That's where you head the "$75B" number and what it mus've referred to. As for administering the SNAP program, i.e., food stamps, the Department of Agriculture does that and its entire budget for everything it does, not just food stamps, is about a third of that....Obama proposed $23.9B, which is a reduction of about $3B.
Soooo, yeah...you heard wrong and someone was desperately trynig to misinform you.
Hammerer
Rudy NYC wrote; The Republicans are going to have to concede to the will of the majority of the American people -– that is true only it is convenient. There are a number of cases where the majority opposes a bill and the majority is ignored.
The list is long but Obamacare is a classic example.
Need I list others?
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Sure, You can start with the Bush Tax Cuts, both versions 1 and 2, please.