TYT: Budget Deal Breakdown - Cuts Hit IRS

[The Northerner]

Run time: 07:58 https://www.youtube.com/watch?v=_Ul-tKI7WHM   Posted on YouTube: April 12, 2011 By YouTube Member: TheYoungTurks Views on YouTube: 301   Posted on DU: April 12, 2011 By DU Member: The Northerner Views on DU: 791

 
Cenk Uygur breaks down new details about the budget cut deal between Democrats and Republicans, including how the Internal Revenue Service will be affected.

[Autumn]

1. Good. I hope the check I mailed out to them today

sits in their in basket for a year. One could hope.

[ejbr]

2. k & r n/t

[walerosco]

3. yay for Cenk

the eternal complainer in Chief. I am sure he expected Obama to come out of the meeting without a single dollar in cuts. these are the details of the deal that Cenk would try everything he can to avoid.

Many of the cuts appear to have been cuts in name only, because they came from programs that had unspent funds.


"For example, $1.7 billion left over from the 2010 census; $3.5 billion in unused children's health insurance funds; $2.2 billion in subsidies for health insurance co-ops (that's something the president's new health care law is going to fund anyway); and $2.5 billion from highway programs that can't be spent because of restrictions set by other legislation.


About $10 billion of the cuts comes from targeting appropriations accounts previously used by lawmakers for so-called earmarks - pet projects like highways, water projects, community development grants and new equipment for police and fire departments. Republicans had already engineered a ban on earmarks when taking back the House this year.


Republicans also claimed $5 billion in savings by capping payments from a fund awarding compensation to crime victims. Under an arcane bookkeeping rule -- used for years by appropriators -- placing a cap on spending from the Justice Department crime victims fund allows lawmakers to claim the entire contents of the fund as "budget savings." The savings are awarded year after year.


Democrats were able to protect some programs that had been targeted by House Republicans earlier this year, like the Head Start early learning program, while maintaining the maximum Pell grant of $5,550 and funding for President Obama's "Race to the Top" initiative that provides grants to better-performing schools."

So when he talks about the cuts in health services, just know that he whining about a cut to a service that would be picked up by HCR that we have already passed.

[Plucketeer]

4. So..... we can expect

your show to debut on MSNBC soon?

[walerosco]

5. what does that even mean?

calling out an Obama hater (he has his good moments) now means I should get my own show on TV?