BLOOMBERG Lunch Money December 12, 2013
Bargain. It is a ceasefire. It means budget peace for the next two years. They do not tackle the big ticket items. No they do not. Entitlements, not in there. Taxes, not in there. What is in there . Federal spending is set at a trillion dollars. That will be controversial with republicans. It replaces 63 billion in sequester cuts with other savings. Reduces the deficit by 20 billion or more. No major Big Decisions on taxes or entitlements. How do they replace the sequester . A grab bag. Aviation...
Source: archive.org