Okay, is this a good thing? Of course it is but it's really nothing. The President himself said it is only a drop in the bucket. But you have to remember that he has increased spending to over 4 trillion dollars. You figure what percentage 100 million is to 4000 billion.
Following this Obama said that he will go through the budget line-by-line to find more. Does he know that he doesn't have a line veto? This he can not do.
These cuts he's found are piddling and will not amount to anything useful to the economy.
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