Barack Obama’s Phantom Sequester Cut
Even though he initially supported the modest spending cuts set to take place on March 1, U.S. President Barack Obama is now fighting against “the sequester” tooth and nail – going out of his way to make this net $60 billion spending reduction (out of a $4 trillion budget) seem like the “end of the world as we know it.”
How desperate is Obama to make you desperate over the impact of the sequester? He’s fabricating entire agencies …
According to Reason.com, the September 2012 report Obama’s budget office (a.k.a. the OMB) is using to base its sequester calculations is riddled with errors. In fact, it lists cuts to agencies which no longer exist.
“The first line item on page 121 of the OMB’s September 2012 report says that under sequestration the National Drug Intelligence Center would lose $2 million of its $20 million budget,” Reason.com notes. “While that’s slightly more than 8.2 percent (rounding error or scare tactic?), the bigger problem is that the National Drug Intelligence Center shuttered its doors on June 15, 2012 — three months before the OMB issued its report to Congress.”
Fortunately for Obama most Americans have no clue what the sequester debate is about, meaning he can invent agencies (and then decry cuts to them) with impunity – secure in the knowledge that most people will reflexively blame “Republicans in Congress” (even though both the White House and majorities of both legislative chambers endorsed the sequester as part of a massive ramp-up in deficit spending two years ago).
Wanna know what’s really happening with the sequester? For the best article we’ve read on the subject, check out this piece from Americans for Limited Government president Bill Wilson.