Thursday, April 14, 2011

Smoke and Mirrors Again

Allahpundit at has this eyebrow-raising report:

The Congressional Budget Office estimate shows that compared with current spending rates the spending bill due for a House vote Thursday would pare just $352 million [not $38 billion] from the deficit through Sept. 30. About $8 billion in cuts to domestic programs and foreign aid are offset by nearly equal increases in defense spending…

UPDATE: The editors at National Review are quick to register their bitter disappointment with the budget deal.

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