Well, what can you say about President Obama’s budget?
It comes in four books, weighing a total 10 pounds.
And it costs a lot of money: $3.73 trillion dollars. But, of course, it will also save a lot of money: $1.1 trillion, over the next ten years.
Like any budget, it’s a combination of cuts and new spending. The new spending, or investment, is in areas the president believes are necessary to keep America competitive in this global world: biomedical research, education, renewable energy, and infrastructure, particularly high-speed rail.
The cuts hit some programs we all should agree should be cut, like the Pentagon. Unfortunately, they also hit some programs we don’t want to see cut: like college grants, community block grants, and clean water grants.
The cruelest cuts of all are to the Low Income Home Energy Assistance Program, or LIHEAP – now active in all 50 states – which help poor people heat their homes in winter.
Now, we know the president has to cut spending. But couldn’t he have found somewhere else to trim the deficit – without letting the poor and the elderly freeze?
That’s my parting shot for today.