Thursday, January 06, 2011

Heroic Budget Balancing

The 112th Congress has already turned into a laugher, beginning with the Speaker’s gavel which is an instrument of truly comedic proportions.

Republican promises to cut $100 billion in spending were pretty weak tea to begin with, as it would have reduced the deficit by a whopping 5% or so, but on day one they are admitting that the cuts may amount to only $30 billion. Way to go, Republicans; at that rate you will balance the budget in a mere 56 years.

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