I faced a major storm of criticism on the Congratulations House Speaker John Boehner and Deal falls short of GOP cut pledge; 'As good as we could get,' says Boehner (We lost!) threads when i said that $38 billion was next to nothing and even if it was something, it was all smoke and mirrors that would simply disappear into govt and be spent elsewhere.
They were all saying that this is a great start, but me, I have ultimate confidence in my tagline. I don't expect it to fail me for the foreseeable future.
The $38 billion that this was supposed to "save" would have only paid to allow us the privilege of borrowing $1.3 TRILLION on this year's budget and a further $1.7 TRILLION on next year's.
Not a bad deal if you're a Dem. Give up $38 billion and get to tax ( since the only way that it'll EVER be paid back is through new taxes in the future. 100%+ taxrate new taxes at that! ) and spend another $3 *TRILLION* to give away before the election!!