[DE88]

[quote]They did, that’s why the 7% cut from the current year. They have gotten a lot of criticism (and rightly so) for releasing a budget in Mid-December based upon such wishful thinking.[/quote]

There is actually a 1% INCREASE in the total budget. The 7% cut was for capital projects.

http://online.wsj.com/article/SB122938546239808805.html?mod=googlenews_wsj

[thackney]

Thanks for the clarification.