Obama’s Fake Budget Marketing Exposed

Obama’s Fake Budget Marketing Exposed

By Heritage Foundation Romina Boccia and Amy Payne (Bio and Archives)  Friday, April 12, 2013 Comments at bottom of page | Print friendly | Subscribe | Email Us

President Obama is marketing his new budget by saying it has “more than $2 in spending cuts for every $1 of new revenue.” Is this true?
In a word, no.
In fact, his spending increases and advertised spending cuts cancel each other out—leaving only a massive tax increase.
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