It's amazing that Obama isn't laughed at whenever he opens his mouth to talk about his new budget.
Add $2 trillion in new taxes, then add another $1 trillion in new spending and, presto, you’ve got $1 trillion of debt reduction.
And where have we heard this before?
It’s the same kind of mad deficit accounting in Obamacare: It reduces debt by adding $540 billion in new spending, then adding $770 billion in new taxes. Presto: $230 billion of “debt reduction.”
Good luck America- you need it.