Budget Cuts? What a Sham.

And the news gets worse.  A report released a few hours ago by the Washington Post claims:

“A new budget estimate released Wednesday shows that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent of the $38 billion in claimed savings by the end of this budget year.

“The Congressional Budget Office estimate shows that compared with current spending rates the spending bill due for a House vote Thursday would pare just $352 million from the deficit through Sept. 30. About $8 billion in cuts to domestic programs and foreign aid are offset by nearly equal increases in defense spending.”

Especially damaging is that this budget serves to eliminate $40 billion from the Pell Grants program.  Pell Grants are government grants awarded to college students from families of low financial means.  So let’s make sure we get this straight.  After all of the hullabaloo, we have a budget that cuts money from science investments, education, and other domestic spending so that we can throw even more money into a bloated defense budget.  This makes total sense.  After all, keeping tens of thousands of American troops in Japan doesn’t pay for itself!