Earlier this Week, US Republicans unveiled their budget plan which is projected to cut $61 billion off this year's budget. Their proposed cuts include limiting or ending funding to the Department of Education and the Corporation for Public Broadcasting.
Obama this morning has unveiled his own budget which would cut $1.1 trillion over the next 10 years, or ~$110 billion per year. Cuts in this plan come from placing a spending freeze on domestic projects. Unfortunately, even this plan falls short of the $4 trillion in domestic cuts that would be needed to rectify the deficit.
Neither plan addresses the three biggest contributors to the US budget: Medicare and Medicaid, Social Security, and Defense spending. However the lesser of the two evils would have to be Obama's plan. The republicans' is filled with impulsive reactions to programs that would actually save money if they were left alone.
Other Updates:
-Iran protests began earlier today as young university students met riot police in the streets. Continuity is not assured but hopeful. The US State Dept has launched a twitter account in Farsi in order to show support for the protesters.
-Protests in Yemen and Algeria are still going on but only Algeria seems to be picking up steam. Al Jazeera is now giving them equal time as Egypt's aftermath.
-The Grammys are going on. Maybe. I'm actively trying not to pay attention.
-Vlad Putin is still a badass.
