“It’s a rounding error. It’s lunch money.”
Charles Krauthammer commented on Barack Obama’s proposed budget cuts today on Special Report. He called the cuts a fraud, a rounding error, lunch money.
Charles Krauthammer on President Obama’s proposed budget cuts:
“It’s not a hatchet. It’s not a scalpel. It’s a Q-tip. It’s a fraud. This is a minuscule amount. Remember it excludes defense, homeland security, veteran’s affairs. It excludes all of the entitlements which are 60% of the budget. And, it excludes stimuli past and future, the nearly two-thirds of the trillion dollar stimulus that has not been spent. All of that is excluded. It excludes the trillion that would have been spent on health care if it would have been passed. What it is is a $15 billion reduction in a year 2011 in which the CBO has just announced we’re going to have a deficit of $1.35 trillion. It’s a rounding error. It’s lunch money.”