Wednesday, July 20, 2011

"Cut, Cap....." Is Imbalanced

Well, yes, it's a political document, so you'd expect BS.

the plan calls for significant spending cuts to next year’s budget — about $111 billion — and firm caps on federal spending at 18.5 percent of GDP by the end of the decade

Yah, wow. $111Bn. NEXT year.

$111Bn is nothing. NOTHING in comparo to the overall Fed Budget.

Shut It Down, Buy More Ammo.

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