Let’s be honest
The Democrats don’t want to cut anything, except defense. The Reid plan is status quo. Same (overspending) spending. Same problems. Let’s look at the maths:
The Reid plan would theoretically cut spending by $2.7 trillion over ten years. Even if that were true, it would still allow our national debt increase by some $10 trillion over the next decade. But, of course, the $2.7 trillion figure is mostly fiction. About $1 trillion of the savings would come from the eventual end of the wars in Iraq and Afghanistan, savings that were going to occur anyway.
Another $400 billion comes from assumed reduced interest payments. So – bullshit, not cuts in anything.
And, of course, there are $40 billion in unspecified “program-integrity savings,” meaning the “waste, fraud, and abuse” that is the last refuge of every phony budget cutter.
Which brings us to $1.2 trillion in defense and discretionary spending cuts over the next TEN years.
This month alone the federal government will borrow $134 billion. Reid’s cuts would average roughly $120 billion per year.
Yea. How’s that going to work out?