In response to:

How Baseline Budgeting is Bankrupting My Generation

Marhefka Wrote: Mar 10, 2013 12:35 AM
I knew that a "cut" was really an increase in spending. But, I didn't know just how devious it was. In the given example, $100,000 is the base line budget. Then it is projected to increase to $110,000. That's the first thing I don't understand. Where did this 10% increase come from. Then if the budget is "cut" why doesn't this bring it down to $99,000 (110-10%?) It's unbelievable that the "cut" is really only 10% of the projected increase, and that is only $1,000.
Texas Chris Wrote: Mar 11, 2013 8:17 AM
Congress has abdicated it's authority over spending, just like it has with everything else. They build a system where the spending increases unless they act to "do something". They've made it so that the balloon will inflate to bursting while 535 sets of thumbs twiddle.

Congratulations America! With the sequestration implemented, we finally cut spending!

Right?

Wrong! Unfortunately, the American public has just been deceived by politicians and the mainstream media.

Too often we hear politicians boasting about "cutting" spending and how they are "reducing" the federal deficit. During the recent sequestration debate, the vast majority of the media, Congress and President Obama all referred to the sequester as "cuts."

During the past few weeks, we have been told these sequester "cuts" will be detrimental to firefighters, teachers and seniors. In order to realize what they mean by a "cut," we must first look at the...