Cutting $2.4 Trillion — over 10 years. This year ALONE our deficit is $1.6 Trillion. These “cuts” in spending will actually amount to around a 6% reduction in PLANNED SPENDING INCREASES over the next decades. There are no REAL “cuts” here. Smoke — and mirrors.
There is no enforced cap on what Government can spend relative to national GDP. “Cut, Cap & Balance” capped the Fed. Gov’t at no more than 19.9% of GDP. But this plan puts NO limit of the % of GDP. The Government could literally spend 100% of every dollar in our economy — if the Socialists in charge wanted to.
And the Balanced Budget Amendment they discussed (is it even included in this final version) included no specifics, so it could propose that the budget be balanced by massive tax increases rather than spending cuts. In the CCB, the Balanced Budget Amendment was specifically written to achieve balance by spending cuts.
The WaPo wants this to LOOK like a victory for Republicans — because it achieves the ENDS of the Statists. Ultimately, it serves the purposes of Obama and his followers, and WHEN things go wrong, it provides excuses (the deep cuts demanded by Republicans, etc) to BLAME Republicans — and particularly the Tea Party/Conservatives for the problems.
You think the 22 Heros who stood against the Boehner plan were under pressure before — the wrath of both parties, all of Washington and the entire Mainstream Media will fall on them soon.
Watch closely to see the final vote in the House and Senate on this “ultimate compromise.” We might even lose a few more of the 22. Who knows? But this isn’t the answer. And it only brings closer the collapse that will come.
You said it all