Thursday, February 3, 2011

The "Grownups" Blink

Remember way back in November when the GOP hooted and hollered they were gonna cut $100 billion from the budget, because the grown ups were back in charge in Congress?

Ooooh they started walking that one back pretty quick when it seemed inevitable they were gonna put a crimp in Grandma's lifestyle. Not much left to trim with defense and homeland security off the table. The growth numbers out of Britain kinda undermined their austerity plan with a threatening double dip recession as well.

So Mr. Smarty Pants and friends have plan instead to cut a mere $32 billion from spending. Even with this they're still pretty iffy on where those cuts are coming from. I guess after that tax cut for the wealthy they ran out of ideas...especially ones that leave them a chance for re-election.

Read more here, here and here