With the recession as a rationale, Democrats consciously blew up the national balance sheet, lifting federal outlays to 25% in 2009, the highest level since 1945. (Even in 1946, with millions still in the military, spending was only 24.8% of GDP. In 1947 it fell to 14.8%.) Though the recession ended in June 2009, spending in 2010 stayed high at nearly 24%, and this year it is heading back toward 25%.
Federal debt held by the public as a share of GDP is expected to RISE TO 72% this year! 72%!
According to the article, the amount OUTSIDE OF DEFENSE that Obama has agreed to cut from the budget - $2 Billion. That is roughly 0.125% of the $1.6 Trillion that Obama is projected to overspend this year.
Stop telling me that he is putting forth some form of effort to cut spending - he is not. That is a lie.