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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.


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posted by Ace at 03:25 PM

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