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The news keeps saying they want to cut around a trillion with either plan but

#1SlimeknightPosted 7/28/2011 4:36:27 AM
they are not saying what they are going to cut. Or am I just missing something?
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#2daviddPosted 7/28/2011 5:06:01 AM
"discretionary", i.e. they don't want to piss off anyone by mentioning specifics.
#3TaiIs82Posted 7/28/2011 7:50:32 PM
They mean a cut in the rate of growth. The debt's still going up (if the ceiling's raised in the first place), just not as much as they've already planned. And the "over ten years" bit waters it down even more. The only way to get real cuts would be to end debt ceiling raises.
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#4Magus1947Posted 7/28/2011 7:53:37 PM
http://www.cbo.gov/ftpdocs/123xx/doc12338/SenateBudgetControlAct.pdf

There's the CBO report on Reid's plan if you actually want to go digging through it.
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