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CBO: Budget deal cuts this fiscal year’s deficit by just $353 million
The Washington Post ^ | April 13, 2011 | AP

Posted on 04/13/2011 2:45:29 PM PDT by Da Bilge Troll

WASHINGTON — A new budget estimate released Wednesday shows that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent of the $38 billion in claimed savings by the end of this budget year.

The Congressional Budget Office estimate shows that compared with current spending rates the spending bill due for a House vote Thursday would pare just $352 million from the deficit through Sept. 30. About $8 billion in cuts to domestic programs and foreign aid are offset by nearly equal increases in defense spending.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: budgetdeal; budgetdealfraud; budgetdealhoax; budgetdeallies; budgetdeficit

1 posted on 04/13/2011 2:45:38 PM PDT by Da Bilge Troll
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To: Da Bilge Troll

Our political class in both parties are complete failures.


2 posted on 04/13/2011 2:49:20 PM PDT by mojito
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Comment #3 Removed by Moderator

To: The Magical Mischief Tour

LOL & tag!


4 posted on 04/13/2011 2:58:06 PM PDT by irgbar-man ("It ain't braggin' if you can do it." Babe Ruth)
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To: Da Bilge Troll
Even Donald Trump Is Warning That An Economic Collapse Is Coming (May Run For President)
The Economic Collapse ^ | 2-3-2011

"Unfortunately, our federal government has continued to borrow and spend like there is no tomorrow...our federal government is drowning in debt, our state governments are drowning in debt and our local governments are drowning in debt."


5 posted on 04/13/2011 2:59:32 PM PDT by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: familyop

When I hear about Donald taking the corruption on wall street to task and the government officials who are in bed with wall street. Then I will take notice.


6 posted on 04/13/2011 3:19:50 PM PDT by Revel
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To: Da Bilge Troll

way to go you phockin’ idiots


7 posted on 04/13/2011 3:36:41 PM PDT by phockthis
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To: Da Bilge Troll
Next time a “Conservative” talk show host defends Boehner will be the last time I tune them in, Hannity.
8 posted on 04/13/2011 3:45:29 PM PDT by tobyhill
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To: Da Bilge Troll

This is great news. The deal is dead. And Boner is finished. A win-win.


9 posted on 04/13/2011 3:47:30 PM PDT by Huck (This running things, kid. It ain't all gravy.)
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To: tobyhill

Hannity’s show is for women.


10 posted on 04/13/2011 3:48:52 PM PDT by Huck (This running things, kid. It ain't all gravy.)
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To: Huck
Well I'm not a woman but I tune him in on my way home from work and for the last 3 days he has been defending Boehner.
11 posted on 04/13/2011 3:57:28 PM PDT by tobyhill
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To: tobyhill

I never listen to Hannity. He’s an idiot, a GOP stooge, and his show is for women.


12 posted on 04/13/2011 3:59:13 PM PDT by Huck (This running things, kid. It ain't all gravy.)
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To: Huck
I won't anymore. I listened to him because he was the only one on my radio but now I will find some crappy music station or buy xm radio.
13 posted on 04/13/2011 4:04:02 PM PDT by tobyhill
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