Just to be clear: $100 million represents .003 percent of $3.5 trillion.Rather than working on reducing spending by .003%, I would rather have the administration recall that time is money, it has an opportunity cost, and focus on spending $3.5 trillion carefully.
To put those numbers in perspective, imagine that the head of a household with annual spending of $100,000 called everyone in the family together to deal with a $34,000 budget shortfall. How much would he or she announce that spending had been cut? By $3 over the course of the year--approximately the cost of one latte at Starbucks. The other $33,997? We can put that on the family credit card and worry about it next year.
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