Actual Deficit Cuts $353 Million, Not $38 Billion Touted

May Mao bless your savings accounts.

ZH reports:

Yesterday the media had a field day when it was uncovered that the hard fought $38 billion in budget “cuts” which almost caused America to shut down were in reality $14 billion. We, thus, can’t wait to find out what the response will be when it is uncovered that the actual cuts were… $353 million. Yes: the ongoing functioning of the government was a pawn in a soap opera whose benefit to the US debt is $353 million, or about what Goldman’s trading desk makes in less than one day.