Orange Julius got rolled by Obama. Hard. CBO numbers prove it.
A new budget estimate released Wednesday shows that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent of the $38 billion in promised savings by the end of this budget year.
The Congressional Budget Office estimate shows that compared with current spending rates the spending bill due for a House vote Thursday would cut federal outlays from non-war accounts by just $352 million through Sept. 30. About $8 billion in immediate cuts to domestic programs and foreign aid are offset by nearly equal increases in defense spending.
When war funding is factored in the legislation would actually increase total federal outlays by $3.3 billion relative to current levels.
I'm laughing my ass off. The wingers got outsmarted AGAIN. Hey guys? You got a grand total of...nothing. You got played. You were had. Obama rolled you like corn on a piece of buttered bread, and Boehner helped him.
That sound you're hearing is the Tea Party Uruk-Hai army coming for Boehner's orange ass. And man, that fight is going to be fugly tomorrow.
"Looks like meat's back on the menu, boys!"