Just $15 Billion In Spending Cuts?

Apr 13 2011 @ 1:01pm

Kevin Drum calms down:

[G]iven the amount of smoke and mirrors in last week’s budget agreement, the level of actual spending reductions it contains is probably no more than about $20 billion. Maybe not even that much. This is just not Armageddon, and pretending otherwise doesn’t do much except wreck our credibility with the public on fiscal issues.

Allahpundit doesn’t understand what Boehner was thinking:

All of this makes perfect sense from the Democrats’ perspective. It’s win/win. If Boehner can convince his caucus to suck it up and vote yes on the package anyway, great — Obama and Reid get to claim credit with independents for being newly minted deficit hawks or whatever while conceding a scant $15 billion in real cuts. If Boehner can’t convince his caucus to suck it up and the vote fails in an eleventh-hour revolt, great — Obama and Reid get to blame the GOP for shutting down the government by rejecting a deal that was, after all, approved by John Boehner himself.