A Budget No One Believes In

Conn Carroll / February 16, 2011

At his press conference defending his FY 2012 budget yesterday President Barack Obama told the American people: “What my budget does is to put forward some tough choices, some significant spending cuts so that by the middle of this decade our annual spending will match our annual revenues. We will not be adding more to the national debt.” This is such a preposterous claim that every media outlet that has covered this remark has also noted that it is completely false.

McClatchy Newspapers: “President Barack Obama’s claim Tuesday that his proposed budget would stop adding to the national debt is wrong — and is proved wrong in his own budget.” (more…)