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February 03, 2011

GOP House Offers $100 Billion $60 Billion $32 Billion in Spending Cuts

Well. We seem to have had a bad case of mission un-creep, haven't we?

Not enough. I was willing to defend the proposed $60 billion cuts on the theory that 60 billion is ballpark pro-rata 100 billion for the remainder of the fiscal year. (Until March 4, the government's spending is controlled by that Continuing Resolution we passed late in the lame duck.)

But $32 billion? Not enough, not nearly enough. Given that the Senate will reduce any cuts still further, this represents such a massive pre-capitulation that most will wonder if this wasn't the plan all along, and it's not a capitulation at all, but Kabuki.

Try again. $60 billion was the number many of us already generously allowed you to negotiate us down to. $32 billion? It's a nonstarter.

posted by Ace at 03:25 PM

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Given that the Senate will reduce any cuts still further, this represents such a massive pre-capitulation that most will wonder if this wasn't the plan all along, and it's not a capitulation at all, but Kabuki. Try again. $60 billion was the number many of us already generously allowed you to negotiate us down to. $32 billion? It's a nonstarter. posted by Ace at 03:25 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Mister Scott (Formerly GWS): "I'm in the midst of the same thing. They scraped o ..." 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