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May 2016
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Federal Budget Priorities

Federal Budget Spending

Federal Budget SpendingThe sequester continues to be a golden opportunity for conservatives to talk about principles of smaller government.

Aside from that, budgets are very revealing. And cutting the budget isn’t bad because it forces you to reexamine your spending–in other words, prioritize. That being the case, budgets can also reveal where your priorities are.

Take a listen: I Spy Minute for Wed March 6, 2013. Or read the transcript, below.

 

Follow Mark on Twitter @iSpyRadioShow

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The sequester is a golden opportunity for conservatives because it demonstrates why you can’t and shouldn’t count on government.

Budget cuts are not bad. They force you to prioritize your spending.

For example, we constantly hear politicians say how important small businesses are to the economy. And they are. Small businesses represent over 99% of all corporations and generate 70% of net new jobs.

You’d think something that everyone agrees is that important to the economy would get a lot of attention.

So with a budget of 3 point 8 trillion, what would you guess the White House wants to spend on the Small Business Administration?

Nine hundred forty nine million. Less than one billion.

How insignificant is that? For every penny spent elsewhere you’d have to chop a penny into ten thousand pieces and spend two and a half of those itty bitty pieces on small business.

But don’t worry! If you can’t find a job, the White House wants to spend $1.1 billion on the [National] Corporation for Community Service.

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1 Comment

  1. Kathleen's Gravatar Kathleen
    March 13, 2013    

    I visited a federal Small Business Administration office and picked up armloads of glossy magazines and pamphets giving support and instructions for starting and operating businesses in Spanish. I wonder how much that cost the taxpayers.

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