Rick Santelli's Chicago Tea Party

Obama proposes to cut $17 billion in federal spending next year Posted: 06 May 2009 01:57 PM PDT This year’s budget is about $3.45 trillion.  The latest Congressional Budget Office (CBO) estimate puts the budget deficit at approximately $1.85 trillion this year and at least $1.1 trillion next year.  Based on this year’s federal budget, cutting $17 billion would amount to a whopping 0.5% of the budget. How much would you propose cutting? Read the article here.

3 of 10 members show up for $787 billion stimulus oversight meeting Posted: 06 May 2009 07:16 AM PDT Charged with overseeing, monitoring, and tracking federal distribution of the massive spending bill, only 30% of the subcommittee members showed up for the second meeting aptly titled “Follow the Money Part II”. Two Democrats and one Republican showed up. Of the no-shows, five were Democrats and two were Republicans. This committee is supposed to prevent waste, fraud, and abuse as nearly $1 trillion of federal money is doled out. Guess most of them had better things to do with their time. Makes you sick, doesn’t it? Read the article here.

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