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I don't know if DA ever worked for CBS, but CBS's level of fact-checking and truthfulness is all over this post.
Even CNN got it correct (and this may be my first-ever quoting of CNN):
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"The broader budget bill would slice almost $50 billion from the deficit by the end of the decade by curbing rapidly growing benefit programs such as Medicaid, food stamps and student loan subsidies. Republicans said reining in such programs whose costs spiral upward each year automatically is the first step to restoring fiscal discipline.
"This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it," said Budget Committee Chairman Jim Nussle, R-Iowa.
"In passing the bill, Republicans buffed up their party's budget-cutting credentials as they try to reduce a deficit swelled by spending on the Iraq war and Hurricane Katrina."
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There is no $50 mil or $50 bil CUT in "rapidly growing benefit programs such as Medicaid, food stamps and student loan subsidies."
This is only an attempt to CUT the "unchecked spending" increase in these programs. Spending will remain at the current high levels, and we'll continue to pay high taxes to support them.
No actual cuts (and it's surprising that CNN actually mentioned it - CBS never will).
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