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CBO: Budget Bill Actually Increases Spending
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| Contributor | RP |
| Last Edited | RP May 17, 2011 02:51pm |
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| Category | Report |
| Author | Janet Hook |
| News Date | Tuesday, May 17, 2011 06:45:00 PM UTC0:0 |
| Description | The Congressional Budget Office cast a new shadow on Republicans’ claim to have made deep cuts in spending in the April law setting the final budget for fiscal 2011.
A new analysis released Monday found that the bill would actually produce a net increase in discretionary outlays of $3.2 billion in the remaining months of the year because defense spending would rise by $7.5 billion as domestic programs would drop $4.4 billion. |
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