Do The Math On The Deficit
The Article: Repeat After Me: Obama Cut the Deficit and Slowed Spending to Lowest Level in 50 Years by Bob Cesca in The Huffington Post.
The Text: llustrative of his contempt for the truth, Mitt Romney’s campaign website continues to host the following statement: “Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history.”
On Friday, we discovered yet another reason why this is a super-colossal lie.
With the end of fiscal year 2012, the Congressional Budget Office announced the 2012 federal budget deficit: $1.1 trillion. Taken purely at face value, this number is enormous. Yet every Democrat, and especially the Obama campaign, ought to be telling anyone who will listen: Not only has the president cut the deficit by $312 billion during his first term (so far), but he’s cut the deficit by $200 billion in the past year alone. And the CBO projected that the 2013 Obama budget, if enacted as is, would shrink the deficit to $977 billion — a four year total of nearly $500 billion in deficit reduction.
Okay, yeah, I get it. It’s risky to mention the deficit, but not when you couch it in math and the facts.