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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (437513)7/27/2011 5:48:34 PM
From: SirWalterRalegh  Read Replies (1) of 793799
 
<<
We’re hearing it now cuts $917 billion over ten years under the more recent CBO baseline. So under $1 trillion. On the other hand, the cuts are apparently more front-loaded: $20 billion in real cuts in the first year.>>

917 billion over 10 years is an average of 91.7 billion per year.

Saying that cuts of 20 billion the first year is front-loaded is absurd.

When it comes to spending cuts the only year that really counts is the first year.
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