The joke re the original $38.5 billion deal was that, in the time it took to negotiate it, we added as much again in new debt (we’re borrowing about $4 billion a day). We didn’t know the half of it: Never mind negotiating, in the time it takes to type up the bill, we’ve borrowed as much as it “saves”. By the time this thing’s through, the cost of the Secret Service detail lugging the Obamaprompter to whichever grade school he announces the final definitive historic budget “cuts” at will be three times as much as any actual savings.
Advertisement
Join the conversation as a VIP Member