Skip to comments.Obama's $4 Trillion Deficit Cutting Claims Debunked ... by His Own Budget!
Posted on 10/05/2012 4:16:38 AM PDT by IBD editorial writer
Accuracy: At one point in Wednesday night's debate President Obama boasted about his "balanced" plan to cut the projected 10-year deficit by $4 trillion. One problem: His own budget exposes this claim as flat-out false. [snip]
As he said in the debate, his "specific $4 trillion deficit reduction plan" is "on a website. You can look at all the numbers, what cuts we make and what revenue we raise."
So we took Obama up on his challenge and went to that website to locate his budget plan...
(Excerpt) Read more at news.investors.com ...
But hussein is running trillion dollar deficits, or more, every year. At this rate we would add 12 to 13 trillion over ten years. Cutting 4 out of that is meaningless. I don’t want another 8 or 9 trillion in debt. How about somebody else runs the show and we try to start paying down the debt.
It would be great if Ryan would hit the old buffoon, Biden, with this in their debate next week.
What am I missing? There hasn’t been a budget passed in years. His democratic contolled Senate won’t let one come to the floor because dirty harry and obama know that Americans would be horrified.
This fact check is completly false. If you extend those out 20-40 years, the numbers Obama gave are accurate. It is all Math. /s
I really don’t care to hear these long term savings by either side. How much are you going to save from the next budget. The rest is just a distraction and can change at any time. Congress with either party will not take budget item by item and determine on its own if it should survive. Too many sacred cows on both sides.
Oops! Funny thing: the link has been pulled.
(Can't have a nasty think like Facts out there for people to check)
Did anyone grab it before WhiteWash.gov scrubbed their site?
Jug Ears hasn’t had a budget for over 3 years.
This country is operating on ‘Continuing Resolutions’.
The ‘budget’ he did present was turned down, unanimously.
Another set of lies from Obama.
Could someone point me to a website where I can look up the deficit month by month and going back as far as possible? Thank you.