Jan 21, 2013 1:10 AM
Oooo, scary, Kev.
"First off, the CBPP assumes that sequestration cuts are going to happen"
Really?
"we start with a budget baseline that assumes... that policymakers will cancel “sequestration” (without offsetting the $1.1 trillion cost over ten years, which includes interest costs)...
http://www.cbpp.org/cms/index.cfm?fa=view&id=3885 - READ IT!
The good news - Kevin acknowledges the CBPP.
The bad news? Kevin says: [T]he CBPP's report only covers the next ten years.
DOES ANYONE BELIEVE A BUDGET PROJECTION PAST TEN YEARS?
What a joke...