The Hill
June 28, 2011
Over at Frum Forum, the Bipartisan Policy Center's deficit guru Steve Bell shows how to get the $2.4 trillion in deficit savings the GOP is seeking in exchange for raising the debt ceiling — and he makes it look easy.
His formula:
1. $700 billion from the drawdown in Iraq and Afghanistan
2. Freeze appropriations to get $500-600 billion
3. Shrink federal work force and change how inflation is calculated — saves $200 billion