Massive GOP spending cuts begin to take effect (user search)
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  Massive GOP spending cuts begin to take effect (search mode)
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Author Topic: Massive GOP spending cuts begin to take effect  (Read 3456 times)
Simfan34
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« on: October 20, 2011, 01:01:45 PM »

The "cuts" are mostly in the out years, just on a piece of paper, and subject to change by a subsequent Congress by majority vote (no filibuster). On the other hand, any proposed tax change are forever as it were. And therein lies part of the problem and one of the reasons for gridlock. The only real "cuts" will be statutory ones changing the entitlement formulas, which are one of the reasons the Dems are stonewalling on that.

Which is where this talk of "fake cuts" comes from, I suppose.
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