Budget deal details: Cuts that aren't quite cuts
$38B in savings agreed to by GOP and Democrats averted a government shutdown, but new details indicate some accounting sleight-of-hand
CBS News
Details of the $38 billion worth of spending cuts factoring in last Friday's 11th-hour budget that averted a government shutdown have been released, but the cuts, while historic, were significantly eased by pruning money left over from previous years, using accounting sleight of hand and going after programs President Barack Obama had targeted anyway.
CBS News Congressional correspondent Nancy Cordes reports that legislation that reflects the deal made between Republicans and Democrats was posted online at 1:30 this morning.
Members of Congress are going to be getting their first real look of the deal Tuesday, and Republicans in particular are sure to express frustration that so many of the cuts in the deal aren't exactly cuts at all.
A group of New York Democrats has also announced they would vote against the deal (which is likely to pass) because of the cuts to social programs.
(More here.)
CBS News
Details of the $38 billion worth of spending cuts factoring in last Friday's 11th-hour budget that averted a government shutdown have been released, but the cuts, while historic, were significantly eased by pruning money left over from previous years, using accounting sleight of hand and going after programs President Barack Obama had targeted anyway.
CBS News Congressional correspondent Nancy Cordes reports that legislation that reflects the deal made between Republicans and Democrats was posted online at 1:30 this morning.
Members of Congress are going to be getting their first real look of the deal Tuesday, and Republicans in particular are sure to express frustration that so many of the cuts in the deal aren't exactly cuts at all.
A group of New York Democrats has also announced they would vote against the deal (which is likely to pass) because of the cuts to social programs.
(More here.)
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1 Comments:
The big question that the TV hosts were asking was : Who won ?
While Boehner is being praised for getting more cuts than he originally thought, when you read the CBS story (THANKS for posting it), it clearly points out that many of the cuts were ones that the President wanted, so that should tarnish Boehner’s praise.
However, Boehner’s praise should be vanquished by hardcore Conservatives if they compare the proposed cuts to what was agreed.
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