ConWebBlog: The Weblog of ConWebWatch

your New Media watchdog

ConWebWatch: home | archive/search | about | primer | shop

Tuesday, May 2, 2017
CNS Editor Uses Same Budget Argument His MRC Co-Worker Mocked Two Days Earlier
Topic: CNSNews.com

In an April 23 post, the Media Research Center's Nicholas Fondacaro mocked a CBS program that pointed out that funding for agencies such as the National Endowment for the Arts, the National Endowment for the Humanities and the Corporation for Public Broadcasating -- which President Trump has proposed to eliminate -- makes up "less than 2/100ths of a percent of the federal budget." Fondacaro added: "This, despite the fact that all together funding for these agencies costs taxpayers close to $1 billion."

Two days later, Terry Jeffrey, the editor in chief of CNSNews.com, the MRC's "news" division, made the exact same argument -- at tedious, editorializing length, despite the article being tagged as "news" -- to push for funding for a border wall:

President Donald Trump’s request that Congress include $1.4 billion to fund the beginning of his proposed wall on the U.S.-Mexico border equals approximately 0.035 percent of what the federal government will spend in total this year, according to the latest estimate of fiscal year 2017 federal spending made by the Congressional Budget Office.

It also equals less than the Department of Health and Human Services spends in just twelve hours and less than the Treasury collects in taxes in four hours.

[...]

The $1.4 billion Trump wants from Congress in this fiscal year to begin the border wall project equals 0.035 percent of the $3.963 trillion the CBO estimates the federal government will spend this fiscal year.

By comparison, the Department of Health and Human Services alone will spend an estimated $1,108,457,000,000 in fiscal 2017, according to the Monthly Treasury Statement. That $1,108,457,000,000 in annual HHS spending equals approximately $126,546,187 for each of the 8,760 hours in the fiscal year.

In other words, HHS will spend approximately $126,536,187 per hour this year—assuming that it spends money 24 hours a day.

That means that HHS spends in about 11 hours an amount equal to the $1.4 billion that President Trump wants this fiscal year for the border wall project.

In half a day—12 hours—HHS spends more than Trump wants for the border wall for the entire year.

The $3,404,000,000,000 that the Treasury will collect in taxes this fiscal year, according to the CBO estimate, equals about $388,584,475 in tax collections per hour.

The $1.4 billion that Trump wants for the border wall project this year equals about 3.6 hours in federal tax collections.

In just 4 hours, the federal government collects more in taxes than President Trump wants to spend for the entire year on the border wall.

Jeffrey doesn't explain why he's making the same argument his MRC co-worker declared to be invalid just two days earlier.


Posted by Terry K. at 10:50 AM EDT

Newer | Latest | Older

Bookmark and Share

Get the WorldNetDaily Lies sticker!

Find more neat stuff at the ConWebWatch store!

Read my blog on Kindle

Support This Site

« May 2017 »
S M T W T F S
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31

Bloggers' Rights at EFF
Support Bloggers' Rights!

News Media Blog Network

Add to Technorati Favorites

Add to Google

Subscribe in Bloglines

Add to My AOL