Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases

Matthew Boyle at Breitbart now reports that the according to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.

http://www.breitbart.com/Big-Government/2012/12/31/Fiscal-cliff-deal-41-1-in-tax-increases-to-spending-cuts-ratio

And the "spending cuts" aren't serious, they are derived from a climbing "baseline."

https://twitter.com/ChadPergram/status/285974557783912448