That's right. Only the projected increases are slated for cuts. Not one dime from the current level of spending is touched, and 98% of the projected increases are left alone.
Despite the media and White House hysteria, it didn't turn out to be the apocalypse.
Life has gone on, and it seems as if things aren't quite so bad after all. We evidently have enough money to pay the IRS $70 million in bonuses for a job well done. Kudos to the guys and gals at the Internal Revenue Service for all of their hard work in targeting those that disagree with our current Administration.
There's also huge gobs of money available to send Barack, Mooch, and the girls on an Africa
Obviously money well spent.