Did YOU get a 10 percent raise?

Let's have a show of hands? Who's getting a 10 percent raise? No one?
Well, the federal government did. What is most remarkable about the Congressional Budget Office's newest estimate of the federal deficit was this tidbit: domestic federal agencies in this fiscal year are receiving an overall 10 percent increase in their budgets.
This little item was buried in a story about how President Barack Obama plans in his upcoming State of the Union address to ask for a three-year spending freeze by those agencies.  By the way, the CBO predicted a  $1.35 trillion deficit. That's on a budget that totals $3.5 trillion.


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  • This is interesting. How can this be? So, the President in a publicly broadcast speech, will be asking to freeze spending. Yet, this is after the fact that the raise has already been applied?

    Well, of course he'd ask for a spending freeze in his State of the Union address. It's a logical move.

    I'm not sure what to think about this report. Perhaps, once I read more about it, I can provide a more thorough and intelligible comment. Nonetheless, it seems quite contradictory or much like some sort of back peddling.

    Thanks for posting this.

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