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