The kind of expenditure reductions that the Democrats are proposing is the same kind of thing we in the business world do regularly. Around my house and business, every bill is carefully reviewed for all charges. It is amazing what a credit card or phone company will slip into a bill. That questionable $5 charge becomes $60 a year and multiple bills add up to significant dollars. If we pay attention to those cost savings, why shouldn’t our government?
I was somewhat disheartened to see a smart Republican, Paul Ryan, minimize these cuts in his comments to the Wall Street Journal. Certainly, we have bigger challenges especially with some of the ridiculous expenditure programs that Obama and the Democrats are proposing. But why not applaud the Democrats for finally finding some fiscal sense? Mr. Ryan should have praised them and challenged them to find more and even deeper cuts. He should have offered to help. I am sure he has a laundry list.
In the past, Democrats’ ideas of a cost saving was to cut payments to doctors by Medicare or Medicaid. This is not a cost saving. It is really a cost shift as doctors would either refuse service or make up the money by charging private insurers to balance their costs. The Democrats in the House and Senate blow money on junkets and targeted budget expenditures and then laugh it off as insignificant. At least the Obama Administration is making an effort.
I know $102 million is not a lot of money in the federal budget, but it is still $102 million. That is a billion over the next ten years not factoring in inflation. Obama should consider this a beginning and have his people start looking for more. And how about those 100 agencies and bureaus the Republicans should have gone after in the ‘90’s? That would create real savings. Congratulations, Mr. President, you finally got something right.
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