{"id":21623,"date":"2014-01-20T17:23:53","date_gmt":"2014-01-20T22:23:53","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=21623"},"modified":"2014-01-20T17:23:54","modified_gmt":"2014-01-20T22:23:54","slug":"what-spending-cuts","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=21623","title":{"rendered":"What Spending Cuts?"},"content":{"rendered":"

John Hinderaker<\/a> posted an article at Power Line<\/a> about the omnibus spending bill<\/a> recently passed.<\/p>\n

The article states:<\/p>\n

…Which illustrates, for the umpteenth time, a point I have made over and over: budget\/spending deals that purport to dictate spending many years into the future are a joke. No Congress<\/a> can bind a future Congress. When a Congressman tells you that a purported ten-year deal cuts spending in the \u201cout years,\u201d grab your wallet and run. The out years never come.<\/strong><\/p>\n

***Because the defense cap was lower in 2014 under the original Budget Control Act<\/a>, defense spending<\/a> does not meaningfully increase from 2013 enacted levels. Nondefense spending, however, receives an increase that is 10 times larger than defense. The 5 percent rate of growth of nondefense spending is almost three times the projected 1.7 percent rate of inflation (see table below).<\/strong><\/p>\n

\"Spending<\/p>\n

As you can see, the budget does not decrease–it increases! Then why is the only actual cut the decrease in the cost of living adjustment<\/a> (COLA) to military retirement?<\/p>\n

The article concludes:<\/p>\n

The other point that emerges from these spending numbers is that discretionary spending<\/a> is relentlessly being squeezed out by entitlements. The real constraint on the growth of both defense and non-defense discretionary spending is the explosion in entitlements\u2013Medicare, Medicaid<\/a>, Social Security and now Obamacare<\/a>. With the Democrats vowing to fight to the last ditch to resist any sort of entitlement reform, and with federal debt having risen to more than $17 trillion\u2013another budget-crusher as soon as interest rates rise again\u2013there is simply no money for the social spending boondoggles that the Democrats would dearly love to finance. I suppose we should count our blessings.<\/strong><\/p>\n

***This paragraph is taken from a Senate Budget Committee report<\/a>.<\/p>\n

 <\/p>\n

 <\/p>\n

\u00a0<\/strong><\/p>\n

\"Enhanced<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

John Hinderaker posted an article at Power Line about the omnibus spending bill recently passed. The article states: …Which illustrates, for the umpteenth time, a point I have made over and over: budget\/spending deals that purport to dictate spending many … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2188,853,6497,1381,3225,627,170,44],"class_list":["post-21623","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-budget-control-act-of-2011","tag-democrats","tag-discretionary-spending","tag-medicare","tag-military-budget","tag-power-line","tag-social-security","tag-united-states-congress"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/21623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21623"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/21623\/revisions"}],"predecessor-version":[{"id":21628,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/21623\/revisions\/21628"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}