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Deficit

The Truth About the Budget Cuts

The Truth About the Budget Cuts. Washington DC. The major political parties came to an agreement – to keep the government running… deficits… Read More…

There were emotionally driven arguments this week how the “Statue of Liberty, will close,” astronauts grounded, government furloughs, fears about trash not being picked up which is really a municipal issue, not a federal issue unless you live in Washington DC.

In the end, the two major political parties agreed to a trivial $2 Billion in short-term spending cuts and a token $38 Billion in “long-term” spending cuts. These “long-term” spending cuts are good until the end of 2011. Read More…