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Budget deal actually increased spending this year

Puppycow

Penultimate Amazing
Joined
Jan 9, 2003
Messages
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Location
Yokohama, Japan
What Budget Cuts

Remember the big budget deal that narrowly averted a government shutdown in April? The one that was going to save $39 billion from this year's budget? Well, it turns out those numbers were a farce.

The Congressional Budget Office reported yesterday that the budget deal will save $122 billion in outlays - over ten years, which is much less than the over $300 billion that Republicans had been touting.

Even worse, the CBO says that spending in the current fiscal year will actually increase - yes, you read that right - by $3.2 billion.

"Total discretionary outlays in 2011 will be $3.2 billion higher as a result of the legislation," the CBO said in a report posted online Monday.

CBO: Recent spending bill falls short on cuts

Speaker John Boehner, R-Ohio, had touted the legislation as reducing the deficit by more than $300 billion over a ten-year span. His prediction was based on an analysis by a Senate aide that the $38 billion in cuts this year would translate into $315 billion over a decade.

But the Congressional Budget Office, the closest thing to an official referee, said Monday the cuts add up to much less.

Ooops!
 
Some of the spending "cuts" counted were programs that were already scheduled to sunset and wouldn't have been a part of anyone's budget.

And remember, for this they were threatening to shut down government and attempting to work their anti-choice policies passed off as budget cuts.
 

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