National Review calls it "strike one" for John Boehner's speakership. The numbers are stunning. According to the Congressional Budget Office, the budget deal for FY 2011 struck by Speaker of the House Boehner, Majority Leader Harry Reid and President Barack Obama will reduce spending by a paltry $352 million.The $38.5 billion spending reduction deal announced late last Friday night by Obama, Boehner and Reid has been exposed upon analysis as smoke and mirrors.A comparison prepared by the CBO shows that the omnibus spending bill, advertised as containing some $38.5 billion in cuts, will only reduce federal outlays by $352 million...
