DimeBrothers.com
Our Three Cents (inflation adjusted) 

Debt Limit - 2 Cents
Posted by: Mark Nichols

01 Aug 2011


Apparently there's an agreement in place to raise the debt ceiling and cut spending - each by $2 trillion. The problem is the cut spending is only from future increases, so it's not a real cut but rather a decrease in the increase.

By putting it so far in the future, it's also like saying, "We're going to cut emissions 20% by 2021-22." Congratulations, but "we're" means "someone else, hopefully," so you're essentially saying, "Not my problem!"
© 2011 Dime Brothers
Category: Politics    

Reader Comments:

Article in Support
 
Here's an article from Yahoo about how the budget cuts aren't really cuts because spending is still increasing.
03 Aug 2011
Mark 

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