I don’t know about you, but trying to understanding the ins-and-outs of the federal budget gets me a little confused. So, we know the White House released a $3.8 trillion budget today. But then what does it mean when President Obama says he’s “freezing” a portion of the budget? Is part of that $3.8 trillion locked up?
As my colleague Julie Gunlock wrote last week: “The bottom line is this freeze is a trick to make it appear to the American public that spending is under control.”
Well, if you want to get a better sense of what this trick is all about, check out this video produced by Political Math Blog (h/t Hot Air). It provides a great visual for what the government’s really doing with your money!