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**reiseebup** · 01-17-2012, 05:51 PM

http://www.cbo.gov/ftpdocs/120xx/doc...011outlook.pdf

So, the CBO projects 2013 spending at $3.8 trillion.

34% of $3.8 trillion = $1.3 trillion in discretionary spending

42% of $1.3 trillion = $542 billion of nondefense discretionary spending

5% of $542 billion = $27 billion in budget cuts under 's plan

The CBO projects a $704 billion deficit in 2013 (that's very low, and assumes the GWB tax cuts would expire)

's plan would cut that down to $677 billion

01-17-2012, 05:51 PM	#4
reiseebup Join Date Oct 2005 Posts 382 Senior Member	http://www.cbo.gov/ftpdocs/120xx/doc...011outlook.pdf So, the CBO projects 2013 spending at $3.8 trillion. 34% of $3.8 trillion = $1.3 trillion in discretionary spending 42% of $1.3 trillion = $542 billion of nondefense discretionary spending 5% of $542 billion = $27 billion in budget cuts under 's plan The CBO projects a $704 billion deficit in 2013 (that's very low, and assumes the GWB tax cuts would expire) 's plan would cut that down to $677 billion
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