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I'm telling you you cannot turn on the TV without hearing -- list of the sequester.
I -- I hate the word to it just cuts to spending levels planned by the federal government.
Conservatives -- -- liberals alike are unhappy but I think that's good news for taxpayers.
Here's what we're looking at after march 1 if congress and the president don't agree on something out.
Hello my kidding they never agree on anything.
Okay here's what's gonna happen number one federal spending will not not I say be reduced despite what you hear there will be cuts to planned.
Increases in spending but.
The federal budget is gonna grow well.
Take a look at this graphic using CBO estimated spending levels over the next few years federal spread spending drifting ever higher.
Even with the sequester -- federal government will spend fifteen billion more than it did last year.
So the question really is whose ox is getting -- and the answer is clear defense spending will take the biggest hit.
Although even they're spending will be nearly 14% higher than in 2000 seven's.
-- departments to promote the presence priority programs like the Energy Department.
That is working to shut down coal production in slow oil drilling is getting a big funding boost.
-- always funny is up more than 43%.
In the last decade alone.
Look the powers that be are telling you we are in uncharted territory and -- hairs of budget cutting our -- terrible.
But it's not true.
In today's New York Times not exactly a bastion of conservative thinking.
The paper reported that between 1969.
And 197 before the government -- spending by 24%.
As the Vietnam War was winding down 24%.
And Phil -- the former Texas senator wrote in today's Wall Street Journal back in 1985.
A democratic house and a Republican senate and White House agreed on -- sequestered across the board spending cuts.
The -- nearly four and a half percent on non defense spending and 5% on defense spending.
Look today what we're talking about is the spending slowdown of less than two and a half percent.
Adding close to 1985 where the early seventies.
Look we're gonna survive it's going to be okay it is not the end of western Sydney it would civilization.
The only thing that might not survive -- the reputation of some of these hysterical politicos.
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