House Minority Leader Nancy Pelosi says that while deficit reduction is a laudable goal, there are precious few spending cuts left to negotiate in exchange for raising the debt ceiling.
"The cupboard is bare," the California Democrat said in an interview aired Sunday on CNN's "State of the Union." "There's no more cuts to make."
via www.politico.com
WTF? How can a budget expected to result in $3.803 trillion worth of expenditures have nothing to cut?