Not that anyone believes that there are, but here is some evidence.
- The “clean debt ceiling increase” that Obama wanted back in the spring: $2.4 Trillion to get through his reelection.
- The debt ceiling increase that is in the bill that they just passed: $2.4 Trillion to get through his reelection.
If there really were any spending cuts this year or next year, shouldn’t we need to borrow a couple bucks less? Congress and the President aren’t even pretending that they believe their own lies about cuts.