According to Reuters’ David Lawder

Republicans in the House of Representatives on Monday will fire their first shots of the next deficit-reduction battle, advancing legislation to cut nearly $380 billion largely from social programs while protecting defense spending.

Now we knew this was coming of course but as the saying goes, 'Now The Rubber Meets the Road." and this worn out tire is going to get no traction.

The cuts to food stamps, child tax credits and Medicaid healthcare for the poor, among others, are certain to stall in the Democratic-controlled U.S. Senate.