Showing posts with label deficit slasher. Show all posts
Showing posts with label deficit slasher. Show all posts

Thursday, February 11, 2010

Obama Submits Largest Budget in History, But Networks Portray Him as Fiscal Conservative

President Obama just submitted a $3.8 trillion budget proposal, the largest federal budget ever, which will come with a "record amount of red ink." The projected deficit of that budget would be $1.6 trillion, yet the networks didn't criticize him for being spendy.

To put this in perspective: Obama is proposing a budget $700 billion larger than big spender Pres. George W. Bush's last budget. It's TWICE the size of Pres. Bill Clinton's last budget of $1.9 trillion, who was credited with generating a budget surplus.

Despite the "staggering" size of Obama's budget, which broadcast networks admitted was "dripping with red ink," the reports managed to paint him as a fiscal conservative and deficit slasher.
A $3.8 trillion budget proposal and a spending freeze?