If It Walks Like A Duck -- when is a cut, a cut?

Bankrupting America: The debt ceiling agreement reached by Congress deal included a spending cap on discretionary outlays. Sounds good, right? But do these spending caps work? Do they encourage Congress to spend less? And do they actually lead to spending cuts?

Our latest infographic takes a look at spending caps in the past and if they really do anything to address the country’s spending addiction. Click the below image to enlarge!

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Tags: Congress, debt ceiling agreement, discretionary spending, Government Spending, infographic, irresponsible spending, spending caps, spending cuts, Bankrupting America To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!