In his Common Sense Commentary Monday (2/13/12), Neil Cavuto complained that there are “really no real cuts” in President Obama’s budget for fiscal year 2013. What Cavuto seemed to mean was that rich people were sacrificing too much, the poor not enough.
Cavuto began snidely, “A budget that makes the tough choices. That is how the White House describes its blueprint for fiscal 2013. But to me, it reads just like the blueprint for 2012, 2011, and 2010. Talk of tough cuts, but really no real cuts. …Talk of getting serious about reigning in entitlements, but without making any major changes to Medicaid and Medicare. So just as retiring baby boomers are set to exhaust our health care system to the max, not even the most minor of adjustments to address the onslaught.”
Wrong. Fierce Healthcare notes that the President plans to cut $360 billion from Medicare, Medicaid, and other health care programs. Perhaps the reason Cavuto considers that “not even minor” is because the cuts are mostly to providers and drug reimbursements.
Cavuto complained the budget “makes a big deal right now about the rich paying their fair share, but doesn’t say ‘boo’ about the nearly half of all Americans who pay no income taxes at all and whether that is fair. If it’s the right thing to do, going after the rich to pony up more, is it at least wise to consider the millions of households who pony nothing at all? I’m sure many in that group cannot pay and should not pay, but half of Americans?
Cavuto concluded by saying, “The President says you can’t cut your way to growth. Well, he needn’t worry because he didn’t even try.”
Wrong again. The President is cutting positions at weather forecast offices, e.g., which may jeopardize the lifesaving mission of the National Weather Service.
NOTE TO CAVUTO
Well… Fox Business is doing their own cutting. But don’t go around crying that the cuts are unfair. Like you said,âA budget that makes the tough choices." And that tough choice is to cancel Fox Business’ primtime lineup because the revenue wasn’t there. If you want to discuss failure, then all means, let’s start with Fox Business. What happened to Fox Business’ budget? Come on, you should know the answer to that question.