Of course it's false. No amount of "let me be clear" and "as I've always said" will escape the simple arithmetic: The budget projects expenditures greater than income in every year up to 2021. You can't add up a bunch of negative numbers and expect to get a positive result.
Wednesday, February 16, 2011
White House Defends Obama Budget Statement Declared False By Non-Partisan Fact Checker, GOP | CNSnews.com
White House Defends Obama Budget Statement Declared False By Non-Partisan Fact Checker, GOP | CNSnews.com: "“Because of interest costs – which amount to $884 billion in 2021 alone – the debt is projected to grow during every year of the president’s budget. (It's also a bit of an exaggeration to call 2017 ‘the middle of this decade.’),” Politifact said. “We think the president’s statement is likely to mislead a lot of Americans about what his budget would do. So we rate Obama’s statement False.”"
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