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Wednesday, December 28, 2011

 

Obama promised to cut spending.

Bob Shieffer once thought that Barack Obama would add $200 billion to the deficit ... over his term in office.  It would really be interesting to see how he excuses Obama for making $200 billion a rounding error.  Is there anyone who thinks that he would not?

Barack Obama :  "I will go though the Federal budget line by line, page by page."

How's that working out for you?




H/T Instapundit

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Comments:
Federal Spending, April 2008 to March 2009:

$3.291 Trillion.

Then stimulus and Obama's "wild" spending starts.

Federal Spending, December 2010 to December 2011:

$3.565 Trillion.

Average rate of spending growth under Obama in 3 years 8 months - 2.2%.

Spending has not been under such a slow rate of growth since the 1992-1994 period.

But why let facts get in the way of a good story though???
 
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