Power Line's John Hinderaker strikes gold comparing Obama's 2010 fiscal projection for 2012 and his actual 2012 budget "cuts."
In its 2010 budget, the Obama administration projected that in FY 2012, total federal outlays would add up to $3,662,000,000,000. In its actual FY 2012 budget, the administration is asking for total outlays of $3,729,000,000,000. That's right: the Obama administration has responded to skyrocketing deficits and heightened concern about federal debt by increasing the amount it is requesting for next year, compared to its projections of just two years ago, by $67 billion. Only in Washington is this a "cut."
As regards the deficit:
Moreover, in its 2010 budget, the Obama administration projected that in FY 2012, it would run a deficit of $581 billion, or 3.5% of GDP. Now, the administration tells us that its FY 2012 budget will run a deficit of $1.1 trillion, or 7% of GDP, nearly double what it had projected.
The cheerleader media is simply reading their scripts, praising Obama's budget cuts. Is there no one who gets paid to cover politics who is capable of the slightest research and objectivity in this country?
Obama is an addict - he can't control his spending and will say anything to get his fix.