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Overnight Open Thread »
April 13, 2011
Speaker Boehner's Office: Hey, You Have To Remember That $352 Million Compounds Over Time
Yeah.
I love this argument people trot out -- our tiny cuts actually get bigger over time.
You know what else that's true for?
The $1.5 trillion deficit.
If $352 million will become $300 billion over time, whatever shall $1.5 trillion become?
Or does the bad stuff not compound?
By the way, if you were hoping the CBO was making this up, and that Boehner would contradict it -- based on the emails between Red State and his office, it seems confirmed and accepted.
They want credit for the $38 billion in future spending authority they did cut, for example.