1.5 trillion in discretionary cuts over the past 10 years

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Oh boy, this one will make you take notice. Congresswoman Nita Lowey, Ranking Member of the House Appropriations Committee released a report on the effects of discretionary cuts to date (pre-sequestration). If cuts of discretionary spending by $1.5 trillion dollars over 10 years doesn't grab you by the toenails, we are not sure anything will. And remember, that's before any talk of sequestration!

You are going to need a double shot espresso for this one. If anything, it will remind you why we continue to shout loudly for no more cuts to discretionary funding. Bottom line? Discretionary cuts are already at historic lows. Plain and simple, discretionary spending will sink to its lowest level as a share of GDP in 45 years. Further cuts and caps are jeopardizing economic growth and services and investments critical to working and middle-class families…

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