14 April 2011

A diet plan that involves eating more food and exercising less

National Journal | Tim Fernholz | CBO Says Budget Deal Will Cut Spending by Only $352 Million This Year

A comparison prepared by the CBO shows that the omnibus spending bill, advertised as containing some $38.5 billion in cuts, will only reduce federal outlays by $352 million below 2010 spending rates. The nonpartisan budget agency also projects that total outlays are actually some $3.3 billion more than in 2010, if emergency spending is included in the total.
"If emergency spending is included"? Why would it possibly not be included? If money is going out the door — for emergencies or crises or trivialities or entirely foreseen circumstances or whatever other conditions — I want it counted.

Via Russ Roberts

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