[God luvs America]

“The agreement includes a balance of spending cuts and revenue increases to pay for the delay in the automatic spending cuts that would go into effect without a deal by lawmakers.”

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so does this mean for every $1 of tax increase there will be $1 in spending cuts???

[entropy12]

What cuts? All I see is tax issues, what is actually cut in spending?

[plain talk]

My guess is Obama’s idea of “balance” is 100% tax cuts and 0% spending cuts