Next years spending increases. I really, really, REALLY wish the media didn't go long with the spin that is included with baseline budgeting. Here is, as of my quick glance before posting, a description of the atrocity known as baseline budgeting.
In short, next years budget will be bigger than this years budget. In 2011, we spent about 3.8 Trillion (3,800,000,000,000) (We'll ignore the fact we went most of 2011 without a budget) and had a deficit for the year of about 1.6 trillion (1,600,000,000,000). The 2 trillion (2,000,000,000,000) of "cuts" are against the baseline over the next 10 years. So, they are "Planning" to not spend another 20 billion (20,000,000,000) over the next 10 years. The 20 billion of this years budget is a huge, gauging, painfull %0.005.
Also, the cuts cannot be guaranteed because, we still don't have the budget for 2012 completed, that isn't even going to be done till after the election with this deal. Also, no congress can pass a law that the next congress can't change, which makes promises for 5 years from now next to meaningless.
In short, nothing didn't survive the budget deal. The rate of growth of the government from this year, compared to next year was reduced.