The recent Congressional budget agreement promises to do all kinds of magical things, but mostly? From Robert Greenstein, founder and president of the Center on Budget and Policy Priorities, the agreement, if approved:
would eviscerate substantial parts of the federal government — including parts that have previously enjoyed bipartisan support
That includes more than doubling the draconian cuts wrought by sequestration, which would affect (again from Greenstein):
education, job training, infrastructure, scientific research, medical research, veterans’ health care, child care, and many other important areas. Starting in 2016, sequestration will cut them by an average of $37 billion a year, on top of the cuts that the BCA’s tight funding caps already impose.
And thanks, Leftover, for the links. You can read more about the budget conference agreement here.