CBO Has Different Take on Budget Cuts

I'm sitting here reading an amazing article in WaPo telling me that the budget deal House Republicans struck with President Obama really only trims $352 million from the deficit.  Any immediate offset in domestic spending is offset by an increase in war spending, states CBO.

Both President Obama and House Republicans have claimed the deal will save $38 billion.  What it might do, though, is actually increase federal spending by $3 billion after figuring in our tax money for endless war.  Is it possible the whole budget drama was smoke and mirrors?  Please tell me it ain't so!

*Update:

What will be comical, will be to see Republicans use this CBO report as evidence to reject the budget deal.  Even though for the last two years they've been saying CBO cannot and should not be believed especially when its conclusions don't match their ideology.  CBO is all of a sudden going to return as a nonpartisan budget office with expert legislative cost analysis.  Just wait and see...

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