Let's talk about Trump, hilarious mistakes, and budget cuts....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 24 November 2024
⏱️ 4 minutes
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Summary
Let's talk about Trump, hilarious mistakes, and budget cuts....
Transcript
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| 0:00.0 | Well, howdy there, Internet people. |
| 0:02.7 | It's Bell again. |
| 0:04.3 | So today, we're going to talk about Trump, budget mistakes, and cutting costs. |
| 0:10.8 | Recently, we talked about how cutting costs to cut costs and looking for a meme-worthy number |
| 0:16.8 | would lead to mistakes, and that the important thing is to look for efficiency, and then |
| 0:22.9 | the cuts will come naturally. I got a lot of pushback on that idea. Well, let's just say it didn't |
| 0:30.5 | take long for a case study in looking for meme-worthy numbers and it causing a problem to show up. |
| 0:38.1 | So, the social media account for Trump's new Department of Government Efficiency |
| 0:42.7 | posted a link to a Congressional Budget Office report, along with this statement. |
| 0:49.8 | Quote, in fiscal year 2024, U.S. Congress provided $516 billion to programs whose authorizations |
| 0:59.1 | previously expired under federal law. Nearly $320 billion of that $516 billion expired more |
| 1:08.1 | than a decade ago. It was retweeted by one of Trump's chief efficiency experts, |
| 1:14.6 | Vivek Ramoswamy, who added, quote, if the spending isn't authorized, then we shouldn't be |
| 1:21.7 | spending it. That shouldn't be controversial. Shouldn't be controversial, huh? |
| 1:28.3 | Okay, so first, let's talk about how programs end up with expired authorizations. |
| 1:35.3 | Basically, Congress authorizes a program for a set number of years, and by the time it expires, people in Congress don't know. |
| 1:43.3 | So they continue to appropriate money for it.ires, people in Congress don't know, so they continue to appropriate |
| 1:45.4 | money for it, normally because the program is something that it just seems like should be |
| 1:51.1 | funded. But maybe they're wrong. The comments under Ramoswami's post were in almost universal |
| 1:58.9 | agreement with the idea that the spending should be cut. But see, |
| 2:04.4 | I did something they didn't. I opened the report. Then I laughed. So here are some of the very |
| 2:12.6 | non-controversial cuts that would be made if they just cut all of the programs that have expired |
... |
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