We are so screwed....

Great News! We've reached an agreement on the debt ceiling. We are going to save a whopping $1T (that's $1,000,000,000,000) over the next 10 years!! Isn't that great!? But wait there's more:

• As part of the deal we won't cut any of current $10B/day in spending until 2013
• We will continue to borrow $4B of that daily spending from somebody...
• We didn't have a budget for 2010 and still don't have one for 2011, but this savings is in our 10 year budget
• The best part: Instead of owing $26T in 10 years, we will only owe $25T. 

WTF...we are so screwed...