Deal? $39 Billion?

Yeah, as Allah notes, we're accruing new deficits of $50 billion per week. Per week. And that's not even what we're spending per week -- that's just the part we're spending but not paying for.

So, $39 billion? Whatever. I guess it's... not really a start. Sort of a hesitant first inkling at taking a shy look at a start.

Numerous GOP and Democratic sources on and off Capitol Hill tell National Journal that the outline of the deal is as follows: up to $39 billion in cuts from the 2010 budget, $514 billion in spending for the defense budget covering the remainder of this fiscal year, a GOP agreement to abandon controversial policy riders dealing with Planned Parenthood and the EPA, and an agreement to pass a “bridge” continuing resolution late Friday night to keep the government operating while the deal is written in bill form.

As bad as this is, it doesn't mean it's over; we can and should keep pressing for cuts whenever we have some leverage. Which will be frequently.

posted by Ace at 09:56 PM

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