Comment

The GOP Is Insane - Threatens Default and Government Shutdown

58
blueraven1/14/2013 11:25:50 am PST

re: #25 Killgore Trout

It depends on how you spin the numbers. Here’s what the most recent CBO actually said
CBO: Fiscal cliff deal adds $4 trillion to deficits
Although I oppose the GOP playing chicken with the debt limit I’m not sure if the $2 trillion cut is accurate. There are other ways to compare projected spending but this is what the CBO score says.

And I think you know that figure is a baseline from the original Bush tax cuts.
Had they ALL expired at the end of the year then we could wipe out that 4T over 10 years.

But since they did not we only cut 600 billion with the fiscal cliff deal.