Grassfire Nation Update
CONSERVATIVES,
Last week Congress passed and the president signed into law
the Budget Control Act of 2011.
That very day, U.S. debt shot up $239 billion - the largest
one-day bump in history.
What you may not have known is that this so-called
debt reduction bill included only $21 billion in
spending cuts in the first year, as opposed to $1
trillion in an immediate debt ceiling increase over
the next year.
The spending cuts are really cuts in the future
increases in federal spending that the government
pre-plans through what is called "baseline budgeting."
You could say the whole thing is a scam.