According to the CBO baseline spending (go here, page 18), which I understand is the baseline for the cuts of $2.4 trillion, the Federal government will spend $46.1 trillion over the next ten years. So we’re going to go from 46.1 trillion over the next ten years to a mere $43.7 trillion?
So that is going to make a huge difference, right? Right?
That works out to be a 5% cut. Cutting to the bone there aren’t we?
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