The largest budget reduction figure proposed is Paul Ryan's $5.3 trillion. However, that is over 10 years. That averages about $500 billion annually. It won't happen. The draconian effects of such severe reductions will never be approved by the Congress. Large annual budget deficits are here to stay.

Keep your eye on this year's revenue which was projected at $2.9 trillion. I bet it won't be reached.

Last edited by olivant; 12/01/12 08:49 PM.
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