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Stop Laughing: Obama Claims his Budget Won't Add to the Deficit

1:27 PM, Feb 16, 2011 • By MARK HEMINGWAY
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McClatchy wonders how on earth the president can claim that he's not going to add to the deficit following his bloated budget proposal:

President Barack Obama's claim Tuesday that his proposed budget would stop adding to the national debt is wrong — and is proved wrong in his own budget.

"We will not be adding more to the national debt," he said flatly Tuesday at a news conference. "To use a sort of an analogy that families are familiar with, we're not going to be running up the credit card anymore. That's important, and that's hard to do. But it's necessary to do."

However, his budget shows that the gross national debt would continue to rise every year under his proposal, almost doubling from $13.5 trillion last year to $26.3 trillion in fiscal 2021.

I would expect to see that particular quotation in a campaign ad or two as the 2012 election heats up.

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