Budget deal: CBO analysis shows initial spending cuts less than expected
• Washington PostA federal budget compromise hailed as historic for proposing to cut $38 billion would reduce federal spending by only $352 million this fiscal year, less than 1% of the bill’s advertised amount, according to the Congressional Budget Office.
http://www.nytimes.com/2011/04/15/us/politics/15boehner.html?_r=1&hp&gwh=58F0E3920A2E2CA85F23AF0480FA77B4