it would be next to impossible to offset $200 billion in Katrina costs in one year's budget, says Mr. Collender. Federal spending is $2.6 trillion a year - but take away Social Security and other entitlements, debt interest, defense spending, and supplemental war appropriations, and only about $500 billion remains. Finding $200 billion in savings would require almost a 50 percent cut in this remaining portion - which includes food safety programs, National Park Service salaries, and salaries for White House staff.Free medical care for Warren Buffett and George Soros is expensive.So after you are done reading get back to work.
Friday, September 30, 2005
Pork Will Not Get You $200 Billion To Pay For Katrina
The CS Moniter reminds us that pork isn't going to solve paying for Katrina: