Monday, March 7, 2011

Government shutdown | Who cares | The Daily Caller - Breaking News, Opinion, Research, and Entertainment

Government shutdown | Who cares | The Daily Caller - Breaking News, Opinion, Research, and Entertainment: "According to news reports, Team Obama and House Republicans are at least $50 billion apart in the budget negotiations for FY2011. I’m willing to bet that Team Obama and Senate Democrats won’t agree to even $20 billion in spending cuts.

And that’s a far cry from the GOP’s annualized $100 billion Pledge to America mark, and an even farther cry from the hundreds of billions of dollars in cuts that are necessary over the next five to ten years. As I recall, the Simpson-Bowles deficit commission suggested more than $1 trillion in cuts to the domestic discretionary baseline over ten years. I think the Paul Ryan plan would do the same."

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