[Cicero]

It remains to be seen whether these cuts will be real. Knowing Davis, I wouldn't assume so. Even in this initial announcement, the brunt of it will be postponed until next year. Meantime the crisis will presumably get worse, since more borrowing and higher debt-support payments will be necessary.

[Drango]

It remains to be seen whether these cuts will be real.

Real? Heck, the so called "cuts" will give smoke and mirrors a bad name.