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That would be a poor guess.Guess you just don't understand the relationship between revenue and expenses.
Agreed. When was that last time Congress cut spending?Want to eliminate deficits then you can either increase revenue or cut spending.
Thing is CBO's data doesn't SHOW any cuts. Sequestration was a circle jerk so Congress could pat themselves on the back and continue spendingRepublicans tried to find those cuts during the Obama years. Their inability to find them led to sequester. Across the board spending cuts. Republicans didn't like that either. They never met the required spending cuts. Always spent more. They killed sequester may 5th 2917.
See my comments above. Legislative legerdemain does change the actual bean counters' numbers.Sequestration put into place by the Budget Control Act in 2011 (BCA) is still on the books. But Congress, with the acquiescence of the President, has found a way to make that point moot. By invoking another section of budget law, section 251(b)(2)(A)(i) and (ii) of the Balanced Budget and Emergency Deficit Control Act of 1985, Congress circumvented the spending caps by deeming their priorities an emergency.
That action essentially killed the sequester on May 5, 2017. The final blow was felled by President Trump when he signed H.R. 244, the HIRE Vets Act, into law. To be sure, the sequester was mortally wounded the day before when the Senate passed the Consolidated Appropriations Act of 2017, known colloquially as the FY 17 Omnibus.