Source:
http://www.oceanrenewable.com/2011/08/01/details-of-budget-agreement/

So we increse the debt by $2.1 trillion now so we can save $1 trillion over the next 10 years.

Oh, that makes sense.

Thats not how that works.

so how much are we actually "cutting". is it 1 trillion 1.2 trillion, 2.1 trillion.

and cuts enacted emediatly, does that mean we right now cut 1 trillion, or does it mean we start cutting now, but one trillion wont be cut until 10 years from now.

anyway this deal sucks, no real cuts only cuts on projected growth of spending. meaning we thought we are going to spend 10 trillion over the next ten year, but instead we are only going to spend 9 trillion. ta-da 1 trillion cut.

also tea party conservatives definitely got the short end of the stick, it seems like really cut military spending (which did needed to be adressed) but left out entitlements.

also i dont see how this deal can work, this congress cant bind the next and future ones with proposed spenfing. so you can say 1 trillion cut over ten years all you want, but if the next congress says no, then it doesnt matter.

again this deal sucks, it does nothing to address the problem, and no cuts to the budget. just great its business as usual. our once great country i going to the dumps. we can only hope the next election will bring in more tea party conservatives, so there can actually be real change. to bad the media is dishonest and in the tank for obama

To me, its just a bunch of cheap book-keeping gimmicks that kicked the can down the road yet again.

No major tangible cuts on significant programs other than defense.
No significant cuts with the triggers down the road.
No increases in revenue by cutting out loopholes.

It reeks of compromise and ensuring that we're to face great calamity ahead. Good in one way (gives me more time to prepare), but bad in that we can't deal with our demons now.

Must be signed by August 2nd to avoid default?

Bull shit. The United States will not default if this doesn't get signed by tomorrow.

Also, I'm getting sick and tired of hearing that so and so will be cut so many years from now, blah blah blah. When I hear this, it goes into my brain as being "we aren't actually making any noticeable cuts"

Yes these "spending cuts" are next to worthless, but teaparty conservatives??? That is not what we need at all. What we need is people willing to work to fix the problem. Please do correct me if I'm wrong, but from what I've heard in the news, including fox news, they just want to cut, cut, cut as much government spending as possible. They don't really specify anything specifically. Of course they want to cut entitlements, but that is a very very broad term. They seem to want very little government regulation, but yet again the past has shown businesses will take advantage of the people without it.

The key is to fixing everything in America is very simple. A, we don't need a national defence budget greater than every other country's combined... I very much think this will be addressed soon. B we need to make serious sacrifices with medicare and social security. Too bad its basically political suicide for either party to try to fix either of those things, without giving the people incentives that will cost the government even more. So in the end the problem is the people. The sad truth is many politicans just care about getting reelected, and "we the people" don't seem to mind and so continue elected them instead of the people willing to make the sacrifices the country needs to get back in shape, and no that doesn't mean tea party conservatives. While it is nice and all to root out corruption, end entitlements, etc. Even if we somehow maraciously completely fix all that, which no government in the world is able to do, we will still be in the hole due to medicare and social security alone.

The mainstream media hates the Tea Party and realy doesn't want to give them a vocal platform to speak from.   So you won't get specifics, just generalities and vagueness with the intent to confuse.

Also, keep in mind that the Tea Party is not truly a full political party like the Republicans and Democrats.  So detailed prinicples are nto going to be as well known and formulated.

If you want details, look into Ron Paul.  He's the spiritual godfather of the Tea Party and his ideas on cutting and what to cut are very well known.

Additionally, you could look into proposals and debates given by other people that have deep associations by the Tea Party, such as Rand Paul or Marco Rubio. They would give you examples of what they wanted to cut.

In the case of Ron Paul, he wanted to propose a $20 trillion dollar spending cut by freezing all government spending at the 2011 level over the next 10 years. Since expenditures would not go up, we would 'save' the said $20 trillion as we didn't increase expenses, while revenues eventually rose. Since the expenses would be capped, the government would then allocate the money to the most needed programs and reform where needed (e.g. means-testing SS and medicare, cutting defense spending).

Here's a bit from Ron Paul:

http://www.youtube.com/watch?v=FHCkFPaePPQ

Without considering inflation, the likely rapid increases in spending due to unfunded liabilities, or the inevitable increases in interest rates, the US government is on track to spend roughly $40 trillion over the next 10 years while adding $15 Trillion to the debt ... and they can only cut $1 trillion made up mostly of accounting gimicks, and promise to cut $1.2 trillion more that will (most likely) never be implemented or will made up of accounting gimicks

Exactly, the whole thing is just a joke.