He’s actually telling the truth for once. I was just looking at the CBO projections, even their best case scenario (end of Bush tax cuts) includes 5% annual growth and still doesn’t balance by 2022. A whole lot of hurtin coming down the road.
No, he is lying. The tax cuts and the wars are not permanent, he just chooses to continue them, and to blame Bush. The prescription drug plan is the only thing “baked in,” and it is NOT costing one trillion per year, AFAIK. I would assume if it were, the deficit would be larger.