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News Link • Military Industrial Complex

Pentagon Says "Stop Defense Cut Madness"; Mish Investigates Alleged "Cuts"

• **QQ**Mish**QQ** Shedloc

As I have pointed out before, the way compromise in Congress works is both sides get money for whatever ridiculous programs they want.

Recall that the sequester (automatic cuts) was supposed to force bipartisan compromise on tackling the deficit. It didn't. Both sides opted for the sequester instead.

The sequester called for a reduction in future budget increases (no actual cuts anywhere except a trivial amount in the first year). Now both parties complain about "draconian cuts" that never happened.

Reductions in the rate of future budget increases will now be restored.

What a bunch of hypocrites. It's sickening.


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