“President Obama didn’t even get past the title of his budget before starting the lies. “A New Era of Responsibility,” President Obama’s fiscal 2011 budget proposal, would increase the current year deficit to a new record $1.56 trillion. That’s an increase in the size of the deficit of $300 billion since his fiscal 2010 budget last spring. The new budget proposal would also increase the fiscal 2011 deficit to $1.267 trillion, an increase by the same $300 billion figure over his proposal last year, and more than double the national debt from its current $12 trillion to more than $25 trillion over 10 years.”
“Of course, it’s possible Obama and his budget officials weren’t lying in the title of their budget but were instead shooting for irony. If that was the case, they certainly succeeded. But it’s not funny.”
Thomas R. Eddlam looks at President Obama’s record spending proposal @ http://www.thenewamerican.com/index.php/usnews/politics/2868-obamas-budget-building-record-deficits-higher