Anyone else see the problem with this? Is anyone else ANNOYED with this?
The bipartisan commission led by Vice President Joe Biden is looking to achieve at least $1 trillion in spending cuts, lawmakers say.
“We are confident that if we keep on this pace we can get to a relatively large number,” Biden told reporters on his way out of the group’s meeting at the Capitol. “I think we are in a position where we are going to be able to get to where we can get to $1 trillion, which will be a down-payment on the process.”
Sure, a Trillion bucks is a good deal of money; I’m all for saving that amount of money. Problem is this:
Current estimates is that this year’s deficit will be $1.65 Trillion.
Only in DC is cutting only 2/3rds of THIS year’s budget be considered a big deal…and if you read the rest of the post, the time frame is indeterminate.
Yeah, just like the $100 Billion $63 Billion $38 Billion $326 million Continuing Resolution – just like thinking spitting on a 5 alarm fire is being effective.