CBO Says Spending Cuts Actually Only Amount to $352 Million

$352 million

The actual amount of spending cuts below 2010 levels, according to a Congressional Budget Office analysis of the budget deal — which will be voted on Thursday — that was advertised as containing some $38.5 billion in cuts, National Journal reports. CBO also projects that total spending is actually some $3.3 billion more than in 2010, if emergency spending is included in the total.

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