On “Fox News Sunday” today GOP Rep. Jeb Hensarling and Democrat Dick Durbin debated budget cuts and unsurprisingly neither appeared to want to give an inch when it came to how much in cuts is too much or too little for the rest of fiscal year 2011.

The most interesting part of the interview came when host Chris Wallace put the Democrats’ proposed cuts in context:

WALLACE: Because in fact, Democrats are proposing -- and let's put it up on the screen -- $10.5 billion in real cuts from current spending. That's from total spending of $3.7 trillion.

Senator Durbin, that represents a cut of .28 percent. That's less than one-third of 1 percent. Is that really the best the Democrats can do?

For the record, Durbin did not give a straight answer. But look at those numbers again.

The GOP has proposed $60 billion in cuts. If $10.5 billion equals 0.28 percent of government spending for this fiscal year, then $60 billion equals approximately 1.6 percent of total spending.

And Democrats are suggesting that that’s the end of the world?

If anything, looking at the numbers this way makes the GOP cuts look far too modest.

Video of the interview is available after the break.