http://www.realclearpolitics.com/articles/2011/07/07/why_the_budgetary_game_is_a_big_taxpayer_scam_110492.html
Here's some friendly fiscal advice: Any time some Washington big shot like Ben Bernanke or Tim Geithner claims that immediate spending cuts in the debt deal will harm the economy - ignore them. Completely. You know why? Because in this great country of ours, spending never goes down. Never.