So what, exactly, got reduced by $37.8 billion?
I keep hearing that a budget deal got agreed upon, with a reduction of $37.8 billion.
Does that mean that the govt will spend $37.8 billion less for this period, than it did for the equivalent period last year?
Or does it mean that instead of increasing spending by $1,500 billion (or whatever), they are going to increase spending by $1,500-$37.8 billion... that is, they will increase spending by "only" $1,462.2 billion?
"The social contract exists so that everyone doesn’t have to squat in the dust holding a spear to protect his woman and his meat all day every day. It does not exist so that the government can take your spear, your meat, and your woman because it knows better what to do with them." - Instapundit.com