« Amish futurists | Main | Yes, dogs can communicate with you »

No surprise

In February I wrote,  "My prediction is that it will be easier to add $540 billion in Medicare spending than it will be to cut $5 billion in farm subsidies."

Today, the Washington Post reports:

Farm Subsidies May Not Face Limits...The Bush administration has signaled that it will not pressure Congress to enact limits on government payments to big farmers this year...The subsidy cuts and other proposed changes in the farm program were hailed by budget cutters, environmentalists and foreign governments when they were included in the administration's budget proposals in February. They have run into heavy resistance in some parts of the Farm Belt. Southern cotton and rice growers in the GOP's political base would be hit particularly hard.

And how is this for a laugh?

Reducing agricultural spending by $5.4 billion is [was? AT] a key part of the administration's plan to cut the federal defict in half.  So far, however, the the Senate Budget Committee has agree to cuts amounting to just $2.8 billion.

The Federal deficit is currently over 400 billion.

Posted by Alex Tabarrok on April 15, 2005 at 01:49 PM in Current Affairs | Permalink

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c66b253ef00e5509791558834

Listed below are links to weblogs that reference No surprise:

» The Tax Code, Medicare, and Farm Subsidies from The Club for Growth Blog
Larry Kudlow has a great idea - let’s scrap the tax code. Alex Tabarrok made an interesting prediction - it will be easier to add $540 billion in new Medicare spending than it will be to cut $5 billion in... [Read More]

Tracked on Apr 15, 2005 2:18:47 PM

» The Bush Administration Budget Clown Show Continues from Brad DeLong's Website
We need PAYGO. We need super-PAYGO with standby tax increases and spending sequesters. We need it now. Alex Tabarrok has intelligent things to say: Marginal Revolution: No surprise: In February I wrote, "My prediction is that it will be easier to add $... [Read More]

Tracked on Apr 17, 2005 4:01:39 PM

» Advanced Web Search from Advanced Search
Advanced Web Search. You can use the options on this page to create a very specific search. Just fill in the fields you need for your current search. ... [Read More]

Tracked on Mar 20, 2006 4:29:49 PM

» Fashion & Beauty : Supermodels : Top Models : Fashion Designers ... from Fashion Industry Business Information
In the world of fashion, many models begin their careers in their teens and are considered 'too old' ... [Read More]

Tracked on Mar 22, 2006 7:31:31 PM

» Attacks in Central Iraq Kill More Than 25 from ttacks in Central
ttacks in Central Iraq Kill More Than 25 and Leaves Over 50 Others Wounded [Read More]

Tracked on Mar 23, 2006 5:08:33 PM

» Mellody Hobson: What to Do With Your Big Refund from a Big Tax Refund
a Big Tax Refund Isn't Always a Great Idea, But There Are Ways to Make the Money Work for You [Read More]

Tracked on Mar 25, 2006 3:19:31 PM

» W3 Search Engines XML from People/Web Search
... meta-search engine, includes a submission page, searching for people and ... Alex - Alex Catalogue of Electronic texts (previously Gopher Catalog of ... [Read More]

Tracked on Mar 25, 2006 6:42:23 PM

» MP3 File Search from The Mp3Database
Download mp3 audio music and song lyrics. Mp3 search engine to music links for free download ... Quick Database Search search in 250209 mp3 entries ... [Read More]

Tracked on Mar 30, 2006 7:16:11 AM

» Music Site Search from MP3 Downloads
Folk Music Site Search. Songs after 1922 are protected by copyright. Many songs that sound traditional are actually modern folk songs. ... [Read More]

Tracked on Apr 1, 2006 3:02:08 PM

» MP3 Downloads, Full Albums, Latest Hits, MP3 Search from Global Media Search Engine
Big Mp3 Archive, Mp3 Search, Mp3 Albums, Mp3 Songs, Mp3 Software, Mp3 Traffic Exchange, Advertising... [Read More]

Tracked on Apr 10, 2006 3:59:44 AM

» Howard's Back Has Mavs Concerned from THE DALLAS MORNING
This was not the kind of massage that you get while enjoying the good life. [Read More]

Tracked on Apr 27, 2006 3:57:25 AM

» S.Lanka Tigers say raid army-backed paramilitaries (Reuters) from Lanka's Tamil
Karuna group inside government territory on Sunday, killing 20 Karuna fighters. [Read More]

Tracked on Apr 30, 2006 4:09:37 AM

» Auto Search: 1953 chevrolet club from Online Auto Guise
Search and Compare Certified Pre-Owned Cars. Car Shopping Tools and Advice · 2006 Auto Shows · New York Auto Show Check out 2007 models and cool concepts ... [Read More]

Tracked on May 1, 2006 6:46:00 AM

» India - Copies of Holy Quran burnt in Chhattisgarh amid riots from Nagar Panchayat
corporator of Pithora Nagar Panchayat in Mahasamund district of Chhattisgarh led to a vicious communal onslaught where [Read More]

Tracked on May 5, 2006 11:18:26 AM

» Detecting Chemical Agents Targeted On Civilians from and portable
be used against civilian populations, are among the threats. Efforts are underway to develop fast and portable [Read More]

Tracked on May 22, 2006 8:00:41 AM

» Dictionary Search Page from Dictionary Search
An unabridged dictionary from aalii to zymurgy, including a pronunciation guide... [Read More]

Tracked on May 26, 2006 3:42:50 AM

» Italian Charms from ItalianCharms -- Search results
Italian charms has stainless links from companies by Zoppini, Boxing, ReFlorence, Puzzle, Ryry, Talexia & Unodomani... [Read More]

Tracked on May 28, 2006 2:10:48 AM

» Summer of Code from is accepted we
consider applying. We have listed a couple of ideas, but we would encourage you to submit a proposal [Read More]

Tracked on May 29, 2006 8:03:12 AM