Way back in April, Congress agreed, after nearly causing a government shutdown, on a budget deal that cut $39 billion over the next six months. There were a lot of articles written in the aftermath about how the outlays actually increased and how Obama fleeced Boehner and how the whole thing got accomplished with no harm.

Well, the Center for American Progress, making a different point and trying to pin the bad economy on House Republicans, ran the numbers on the 2011 budget cuts. It turns out they cost the country 370,000 jobs.

The federal budget deficit for Fiscal Year 2011 increased ever so slightly over FY2010, moving to $1.299 trillion, up from $1.293 trillion. The final number was actually below expectations, $347 billion below the estimate in the President’s February 2011 budget projection. The reason had less to do with reduced spending than slightly better unemployment that forecast.