Saturday, July 16, 2011

Watch the Numbers on "Cuts" From the House!

Ticker sees a problem.

...Republican leaders orchestrated a series of public moves intended to soften the blow for conservatives. They agreed to give the House an opportunity to vote on two top conservative priorities: a so-called cut-cap-and-balance bill, which would order $111 billion in cuts in federal programs for 2012 and impose a cap on future spending, and a constitutional amendment that would require a balanced federal budget....LATimes quoted by Ticker

Yah, well. The Republican Study Committee (headed by a UW-Madison grad) said this:

We must make discretionary and mandatory spending reductions that would cut the deficit in half next year...

Innumeracy reigns someplace.

The federal deficit this year is some $1,600 or $1,700 billion, depending on who you ask.

So what's $111Bn? Spit into the wind. The piss-down-your-back. The Boehner-Magically-Disappearing-Cuts, redux.

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