What budget cuts?
From 1993 to 2002 the federal government spent $17 trillion. During the past 10 years the federal government spent $30 trillion - almost doubling spending from decade to decade. The House budget proposes spending $40 trillion during the next 10 years. President Obama wants to spend $47 trillion. There are no overall cuts, just an attempt to reduce the rate of growth in spending so we don’t bankrupt this nation.
Video courtesy of Chippewa Valley Community Television.
The data used in preparation of this chart can be viewed here.