Critical review of Obama's budget is about as rare as unicorn sightings. That's too bad because his budget is an obvious fraud designed only to provide talking points for his reelection.

The scam is revealed by his budget assumptions:

  • $4 trillion in savings, about one-third of which is a mirage;
  • income tax receipts double to create an illusion of fiscal stability;
  • economic growth exceeding 5 percent from 2013-2016;
  • and 10 million net new jobs created within 24 months.

In this short video, Paul Ryan is questioning Treasury Secretary Tim Geithner who admits

  • that Obama's budget fails to tackle the nation's fiscal challenges;
  • that Ryan's budget does tackle the challenges, but he doesn't like how it is done;
  • and that the budget blows up the CBO models in the year 2037.

The point is that Obama's reelection bid is putting the future our nation and its citizens in peril.  So much for caring about the little guy or working for the middle class.  Obama is shearing these sheep and making them like it in the process.

Tags: 2013, Budget, Obama, reelection

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