The defense "CUTS" are actually a spending increase.

[spedtr90]

This is politics, after all. It is a reduction of future increases...

"If the sequestration goes forward, defense spending will still increase by 16 percent over the next ten years. This is a “cut” only in the sense that it would otherwise go up by at least 23 percent."

So says even Ron Paul and the National Review - while McCain and Graham cry the cuts will tear the seams of our defense. http://www.nationalreview.com/corner/283889/devastating-defense-cuts-andrew-c-mccarthy

My guess is the domestic cuts will not be so kind.

[Recursion]

1. I doubt you'll find very many nominal cuts

That is, every department is going to have the same or slightly more dollars allocated, but the population will have grown and a dollar will be worth somewhat less -- 7.8% over 4 years is somewhat less than inflation.

[dmallind]

2. Will Social Security payments be cut then?

[Donnachaidh]

3. I'm really getting sick of this tendency to *rule by deceipt* that both parties do

This is a form of terrorism.

[Robb]

4. Math is a form of terrorism?

[mmonk]

5. Your guess is correct.

But there are many who believe in a kinder gentler Reaganomics.

[geckosfeet]

6. This is frequently what is meant by spending cuts. A reduction in the RATE of increase.

Not a reduction in actual spending.