How Baseline Budgeting is Bankrupting My Generation

Townhall3Here’s one young person who gets it. The information outlined below is an indictment of the generations older than his, which of course includes mine. It’s just one big example of how we continue to lose the information war. From Charlie Kirk at Townhall.com:

Congratulations America! With the sequestration implemented, we finally cut spending!

Right?

Wrong! Unfortunately, the American public has just been deceived by politicians and the mainstream media.

Too often we hear politicians boasting about “cutting” spending and how they are “reducing” the federal deficit. During the recent sequestration debate, the vast majority of the media, Congress and President Obama all referred to the sequester as “cuts.”

During the past few weeks, we have been told these sequester “cuts” will be detrimental to firefighters, teachers and seniors. In order to realize what they mean by a “cut,” we must first look at the definition of “cut.” A cut, according to Washington math, means a reduction in the amount of increased spending. The mainstream media and demagogues in Washington are trying to keep our citizens in the dark by neglecting to point out that the net result of these “cuts” is actually an increase in spending!

How is this deception possible? How can Washington “cut” spending, but then end up spending more? It is because of an accounting method Washington has used for years called “baseline budgeting.”

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This system of budgeting is extremely dangerous for many reasons. If spending is automatically increasing every year without any congressional action, the size of the federal government could DOUBLE over the next 10 years without Congress ever taking a vote.

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