Here’s the link (or click the slide)
Not a model of Powerpoint pitches, but gives the GOP-spun interpretation of the deal.
Ken’s Take: Deal is – in the final analysis – much to do about nothing. Apparent spending cuts are trivial in context and probably just illusionary.
The “teeth” are – at best – Halloween wax teeth.
Will the gov’t restrict defense spending if security is challenged? Or, if Obama goes off on some more “kinetic activities”? I doubt it.
They tried to get cute by making the Medicare cuts “reduced reimbursement rates to doctors and hospitals”. With more and more doctors refusing to take patients with Medicare (think Mayo clinic), the move would promote a mass exodus of docs from the system. That one won’t happen either.
Biggest gain is that folks are finally focused on the Administration’s unfocused and unbridled spending spending.
The Homa Files 