Most likely. He is calling for cuts to pretty much everything, ranging from Medicare and Medicaid to Social Security and pretty much everything you can think of. Overall he is saying he can cut $4 trillion off the deficit in 12 years.
Now I am a fan of getting rid of the massive amount of debt we have, but is this much cutting doing more bad than it is good? We are already walking on thin ice with the recovery and what Obama is proposing is going to make the ice even thinner.
During his speech he called for a 70% cut to clean energy spending, but just last week he was saying how much he wanted for us to cut our dependence on foreign oil, and spend more on clean energy resources. Sounds like a whole lot of BS to me.
It may sound like I hate Obama, but I don't. I hope his budget cuts help the economy in the long-run, but it isn't looking good at the moment.
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