Of course. That's what both sides are doing- measuring the cuts against the current budget. Doesn't really make sense to measure them against current spending. Since we're in a recession and fighting two wars, if you just measure against current spending, no change in policy at all would look like massive deficit reduction. Revenues will come up and expenses will go down. So, you measure against the planned budget, current revenue projections and current expense projections. That's the only logical way to look at it.