Monday, December 31, 2012

Obama: ‘I Cut Spending by Over a Trillion Dollars in 2011’


"I cut spending by ... "



"One Trillion dollars!"


(CNSNews.com) - 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.

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