We Are on the Road to Bankruptcy

RealClearPolitics - We Are on the Road to Bankruptcy
But what the president was talking about is not even a cut.
The politicians just agreed that over the next 10 years, instead of increasing spending by $9.48 trillion, they'd increase it by "just" $7.3 trillion. Calling that a "cut" is nonsense.

Mitchell gave an analogy:
"What if I came to you and said, 'I've been on a diet for the last month, and I've gained 10 pounds. Isn't that great?'
You would say:
'Wait, what are you talking about?
That's insane.'
And I said:
'I was going to gain 15 pounds.
I've only gained 10 pounds, therefore my diet is successful.'"