Gross. Lib Media Continues to Give Obama Pass on Trillion Dollar Deficit Reduction Lie (Video)

Once again, Barack Obama lied about reducing the US deficit by a trillion dollars yesterday during his partisan fiscal cliff speech.

And, once again, the liberal media completely gave him a pass for this completely dishonest statement.

The fact is that spending increased by $147 billion last year under Barack Obama.
Obama is not reducing spending or the deficit.
CNS News reported, via Free Republic:

Appearing on NBCs “Meet the Press” on Sunday, President Barack Obama said that he cut spending by more than $1 trillion in 2011. However, the White House Office of Management and Budget says that federal spending increased by $147 billion from fiscal 2010 to fiscal 2011

…According to the White House Office of Management and Budget, federal spending was not cut by $1 trillion in 2011. In fact, in fiscal 2010, federal spending was $3,456,213,000,000. In fiscal 2011, federal spending was $3,603,213,000,000. That was an increase of $147 billion.

While President Obama did not cut federal spending by $1 trillion in 2011, he did increase the debt by more than $1 trillion in that fiscal year. In fiscal 2011, according to the White House Office of Management and Budget, the federal deficit was $1,299,595,000,000. That was up from a deficit of $1,293,489,000,000 in fiscal 2010.

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