Hopefully the thread monster wont eat this one...
It is a big steaming pile of crap.
The cuts proposed are not cuts in spending but reductions in the ridiculous amount of increased spending over time. It is the equivalent of making 20,000 dollars per year and budgeting to spend 60,000 next year. Suddenly you decide to only spend 40,000 dollars next year and whee!! you just saved 20,000 dollars!!! FER REAL!!!
They tell us the tax increases are only on 1-2% of the population and it is only a little bit more to ensure they pay their fair share yet somehow this pittance they are going to pay is supposed to help pay down the debt.
And the Republicans have been reduced to arguing who's tax rates are going to go up...
Same old shit, different day. Nothing to see here folks, Washington is busy destroying the dollar like usual.