...but if they do matter then the Republican plan that Democrats find so objectionable is a joke:
Even if Republicans achieved their target for spending cuts this year, the 2011 deficit would still be on track to hit a record. Through the first five months of this budget year, government revenue totaled $869 billion. That was up 8.6 percent from the same period a year ago. Government spending totaled $1.51 trillion, a 4 percent increase.
So if Republicans and Conservadems are right, then we should be cutting hundreds of billions of dollars this year like Rand Paul offered or maybe even more.
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