The Fiscal Responsibility Act Is a Lie

The cuts that they're talking about are reductions in the rate of increase, not real cuts. None of the big ticket items are there. I mean, national defense actually increases and they admit that. Social Security, Medicare, right? Those are off the table. Interest on the national debt is exploding. So all the big stuff is exempted. And unfortunately, this is exactly what I said was going to happen from day one.