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IPFS News Link • Government Debt & Financing

Obama's "tough budget cuts" in pictures

• Doug Ross
President Obama's 2012 budget will be roughly $3,800,000 million ($3.8 trillion).

The anticipated 2012 budget deficit will be $1,500,000 million ($1.5 trillion). This means we are borrowing that amount from our children to fund all of the Democrats' Utopian spending programs.

Finally, the president has proposed "tough budget cuts" that total $775 million. No, that's not a joke.

Let's illustrate the magnitude of Obama's cuts.

Obama's cuts aren't even visible in this chart. Let's zoom in.

Blowing it up about ten times allows us to see a tiny little sliver: those are the cuts.

Blowing the chart up a further ten times still barely exposes Obama's proposed cuts.

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