…the Gang of Six “plan,” which even by the standards of “bipartisan” deal-making is a total joke.
Even if you take seriously their figure of $3.7 trillion in savings over ten years, that represents a clawback across a decade of about two years of current deficits.
If you take Jeff Sessions’s figure of $1.2 trillion in savings over ten years as being closer to the mark, that takes a decade to reverse about three-quarters of the 2011 deficit.