Thursday, July 28, 2011

Boehner’s New Plan Doesn’t Cut Spending

WAKE UP AMERICA !!!!!!!
THESE ARE NOT SPENDING CUTS .......
THESE POLITICIANS ARE ONLY CUTTING THEIR PLANS FOR INCREASED SPENDING

"House Speaker John Boehner has revised his budget plan in response to an unfavorable analysis by the CBO. The CBO has examined Boehner’s new plan and finds that it would cut spending by $917 billion over 10 years. Of the total, only $761 billion would be cuts to programs. The rest of the savings would be from reduced interest costs.

Actually, the revised Boehner plan doesn’t cut spending at all. The chart shows the discretionary spending caps in the new Boehner plan. Spending increases every year—from $1.043 trillion in 2012 to $1,234 trillion in 2021. (These figures exclude the costs of wars in Iraq and Afghanistan)."


[CATO]

No comments:

Post a Comment