Ouch! Chris Wallace caught Treasury Secretary Tim Geithner ranting about imaginary war savings on FOX News Sunday today. Geithner and Barack Obama have repeatedly claimed budget savings as much as $700 billion that the nation no longer plans to spend on the wars in Iraq and Afghanistan over the next decade. This is an accounting gimmick that has drawn fire from both Democrats and Republicans.
Today Chris Wallace nailed him.
“It’s a gimmick.”