On their road to economic destruction, politicians have built automatic increases into their already inflated levels of public spending. The Congressional Budget Offfice (CBO) refers to these automatic increases as the BASELINE. There is a presumption built into the baseline that every single budget item, from Social Security, to Food Stamps, to Ethanol or ACORN subsidies, will increase every single year between 3 and 7 percent. So, if we increase one of the many forms of redistribution by say, 6% instead of 7%, the CBO deceitfully scores this as a decrease of 1% instead of an actual dollar increase of 6%. Such political sleight of hand, blessed, of course, by the media, is how we move closer to Greece on a daily basis, despite all of the trillions of dollars in ‘spending cuts’ we hear about.
Rush provides this case-in-point to explain the sham of baseline budgeting: If we actually froze all federal spending at current levels, the CBO would score this as a $9.5 trillion cut. That’s because there is $9.5 trillion of increases already baked in our baseline over the next 10 years. What Obama and the Democrats (and the media and some Republicans) call a 'freeze' is actually a $9.5 trillion increase.
What they call 'deep cuts' of $2.5 trillion is actually piling on another $7 trillion to our already sky-high debt burden.
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