Wednesday, April 13, 2011

The Budget Deal Turns Out To Be A Gigantic Fraud

The Budget Deal Turns Out To Be A Gigantic Fraud

Business Insider ^ | 04/13/2011 | Joe Weisenthal

Posted on Wednesday, April 13, 2011 8:50:08 PM by The Magical Mischief Tour

Originally the deal between The White House and Congressional Republicans was touted for delivering $38 billion in cost savings.
Then, yesterday's analysis showed that the savings were probably just half that, since a lot of the savings came from not spending money that was never going to be spent.
Turns out, the spending cuts are even more minimal than that.

According to the CBO, via National Journal, the total savings come to a whopping... $352 million. With an M.
(Excerpt) Read more at businessinsider.com ...

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