THE $100 MILLION DOLLAR TAX-CUT HOAX: OBAMA TRYING TO HOODWINK THE TAXPAYER

EXCERPT:

Obama’s $100 Million Cut [Brian Riedl]

Today, President Obama called for $100 million in budget cuts. Out of a $4 trillion in spending this year, this is the rounding error of a rounding error:

· It is 1/40,000 of the federal budget;

· It is 1/7,830 the size of the recent “stimulus” bill;

... Brian Riedl is Grover M. Hermann fellow in Federal Budgetary Affairs at the Heritage Foundation.04/20 01:41 PM

BY CALLING THIS PR STUNT A SPENDING CUT - AND TRYING TO MAKE IT THE CENTERPIECE OF TODAY'S NEWS-CYCLE OBAMA IS CLEARLY SHOWING HIS DISRESPECT FOR THE AMERICAN TAXPAYER.

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