Showing posts with label Budget Control Act a scam. Show all posts
Showing posts with label Budget Control Act a scam. Show all posts

Wednesday, August 10, 2011

BUDGET CONTROL ACT A SCAM!

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.