Remember that scene in Austin Powers when Dr. Evil decides to hold the world ransom for “One million dollars!” and #2 looks around with his one good eye all confused? The Vice President wasn’t in this video, but we think even he might have raised an eyebrow over President Obama’s grand proposal to trim $100 million from the budgets of his cabinet secretaries.
As Senator Mitch McConnell (R-KY) said yesterday:
Cutting $100 million in waste is good. But let’s put it in context. We’ll spend about that much every single day just on the interest payments for the Stimulus bill that Congress passed earlier this year.