07.26.2011 0

ALG Reacts to Miniscule $1 Billion in Cuts to FY2012 in House Debt Ceiling Plan

Americans for Limited Government President Bill Wilson today reacted to a Congressional Budget Office estimate stating that the total cut for Fiscal Year 2012 in the House leadership debt ceiling increase plan would only amount to $1 billion:

“It is laughably pathetic that after claiming $1.2 trillion in cuts over ten years in the House plan, that somehow, this proposal only achieves $1 billion in deficit reduction for the upcoming fiscal year – the only fiscal year that this Congress controls. After experiencing the miniscule $352 million in cuts to outlays from the most recent continuing resolution debacle, the American people have a right to expect more.”

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