"When are people going to wake up and realize that neither political party is the least bit serious about dealing with our debt problem any time soon?"
Retrieved by Pat Darnell April 17, 2011 Bryan TX | Read Entire Article HERE
Corrupted!: 5 Shocking Examples Of Government Corruption That Will Blow Your Mind: "$38.5 Billion In Budget Cuts Is Really Just $352 Million In Deficit Reduction?
" ... Yesterday I wrote about how a close examination of the 'budget cut deal' reveals that the 38.5 billion dollars in budget cuts are largely illusory.
However, even I was not ready for what the Congressional Budget Office had to say about this deal. What I read in the Washington Post today absolutely floored me. According to the Washington Post, the Congressional Budget Office is saying that the budget deal will only cut the budget deficit for this year by less than one percent of what was being claimed by Republican and Democrat leaders. ... "
- "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. (The Economic Collapse. April 14, 2011. HERE)"
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