- Total Spending Planned $3.8 Trillion
- Projected Annual Deficit $1.6 Trillion
- Interest Payments $207 Billion
- Spending Cut $38 Billion
- Headlines "Congress and the President Cut Spending"
- Reality, 2010 Budget was 3.5 Trillion, 2011 Budget is 3.8 Trillion
Congratulations America, you just saved 38 billion dollars on a budget that never was. That’s right, your actual 2011 budget is larger than what you spent in 2010. The 2011 deficit will be larger as well. A projected 1.6 trillion dollars in new debt is planned for 2011, yet today, Washington D.C. wants us to believe that they are serious about getting our financial house in order. The fact remains that the Republicans and Democrats just approved a budget that is LARGER than last year's budget.
Talk about a scam! The headlines are talking about historic cuts, yet spending and borrowing are going to actually rise from 2010. Has the world gone insane? How is it possible that congress approves more spending and borrowing than last year, yet everyone in the media is talking about a cut. Using D.C.’s logic an alcoholic who planned on downing his 38th beer for the evening could just drink half and then let everyone know at his AA meeting that he has been drinking less. Even though the night before he only drank 35 beers. If this doesn’t make sense, it’s not supposed to because that's how bad Americans have been swindled into thinking there was an actual budget cut. We're sorry if this is turning into a rant, but you can’t say you cut spending when your spending more than last year, the year before that, and all previous years in our nation's history.
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