Thursday, April 14, 2011

Haha, CBO Says That Budget Deal Actually Increases Spending

John Boehner’s tear-soaked budget deal was said to make $38 billion in cuts and SAVED US FROM SHUTDOWN (not that anyone in America who’s not paid by the federal government cared), but it turns out, according to the Congressional Budget Office, that number’s far off.

This year, the CBO says those budget maneuvers will only amount to a $352 million cut in non-war spending. “But wait,” you say, “America is in a bunch of wars right now! That must have an impact on spending!” You’re right. When you include war funding, this budget increases spending by $3.3 billion in relation to current levels. Whoops! Time for that Teabagger insurrection! READ MORE »

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