Exposing The Fiscal Cliff Scam

(Washington Times) There are two components to this supposed disaster. The first is the “draconian cuts” to government spending built into the Budget Control Act of 2011. Supposedly, they will “gut the military,” while plunging the economy back into recession. There is only one problem. Even if Congress fails to make a deal, nothing is being cut from the federal budget. Let me repeat that. Nothing is being cut.

What the government is calling “spending cuts” are actually decreases to future increases in spending. This starts with the concept of “baseline budgeting.” The government assumes that spending in each area will automatically rise by a certain percentage every year. All of the cuts triggered by the fiscal cliff are to spending increases, not to this year’s spending.

That means that if Federal Program A is budgeted for $1 billion in 2012 and projected to go up to $1.1 billion in 2013, a “$50 million cut” to Program A won’t result in the program spending less than $1 billion in 2013. It will spend more. Spending on Program A will go up $50 million, from $1 billion to $1.05 billion. It just won’t increase as much as the government previously projected it to. Keep Reading Get The News The Liberal Media Refuses To Print! Input Your Primary Email Address Below And You'll Receive A Free Gift, Our Downloadable Report On The Cloward-Piven Strategy.     Privacy Policy: We respect your privacy and will not share your email address with ANYONE... PERIOD! Mouse Over The Green Icon To The Left To Share This Story On Your Favorite Social Media Sites.

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