I'll bet you not a single Govt. Agency faces an actual CUT of even a single dollar. Forgive me pulling out the old Warhorse, but a 7% increase instead of an 8% increase is not a cut in spending. It's a 7% increase in spending.There will be a broad deal with the new Congress on the debt ceiling with enough modest cuts for everyone to get a small loaf.
If increased overall deficit and increased debt-backed spending is good news, you're right.I'l Both Banier and McConnell are willing to make a deal and freeze out the Tea Party wing of the party. This is good news all around.