May
19

Bogus Budget Cut

Remember the $39 billion spending cut pushed by Republicans in April that averted a gov’t shutdown? It was all smoke and mirrors! Instead of cutting outlays the CBO now figures it will actually increase spending by $3.2 billion. The cuts were mostly phony like cancelling budget authorization for programs that weren’t actually going to get funded anyways. This shows that really solving our budget problems will be very hard.

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