Thursday, February 26, 2009

President Obama on the Fiscal Year 2010 Budget And Openess

More at The White House - Press Office: “In keeping with my commitment to make our government more open and transparent, this budget is an honest accounting of where we are and where we intend to go.  For too long, our budget has not told the whole truth about how precious tax dollars are spent.  Large sums have been left off the books, including the true cost of fighting in Iraq and Afghanistan.  And that kind of dishonest accounting is not how you run your family budgets at home; it's not how your government should run its budgets, either.  We need to be honest with ourselves about what costs are being racked up -- because that's how we'll come to grips with the hard choices that lie ahead.  And there are some hard choices that lie ahead.”

-- President Obama is making good on his promise to be more open, but in the budgetary case that means more shocking news about what actually costs what. We've not -- in the Bush 2 years or Clinton -- seen a real budget that shows what the government is spending. Be ready for a shock, especially with the Iraq War. But see, that's where the savings come in because then when we see what all of this costs, the reductions will get us to a deficit drop.

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