Tuesday, April 12, 2011

Budget Theater

Instead, the cuts that actually will make it into law are far tamer, including cuts to earmarks, unspent census money, leftover federal construction funding, and $2.5 billion from the most recent renewal of highway programs that can't be spent because of restrictions set by other legislation. Another $3.5 billion comes from unused spending authority from a program providing health care to children of lower-income families.

So basically all of the cuts came from giving back money on projects where more funds were allocated than were needed. How draconian.  

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