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URL:  http://boards.fool.com/dgs-the-only-recent-bi-partisan-agreement-to-30558273.aspx

Subject:  Re: Woodward esposes Obama as a LIAR Date:  2/23/2013  3:24 PM
Author:  DufusGoneSplat Number:  1861831 of 2016022

DGS - the ONLY recent bi-partisan agreement to significantly cut spending

WL - I'm sorry. Perhaps I have misunderstood. Has actual spending been cut?
I had understood that only budgets were cut meaning spending would still increase but at a lower rate.


Good question - a question I do not have time to research right now. But, I can give two quick responses;

1. If you look at Obama's submitted budget projections, take $85 billion from either 2013 or 2014 Outlays and compare that number to the previous year's projected Outlay. It looks like a spending cut.

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2...

2. The media frequently refer to "spending cuts", so if that's not the case, it's carelessnes