Posted by: sonofliberty1787 | February 16, 2011

Fuzzy Math

So the President’s budget proposal will not be adding to the debt by the middle of this decade.  Great you say! But how you ask.  Simple you don’t include interest payments in your calculations.  Yup, by eliminating payments for interest, at least on the books, you can give the impression of reducing the deficit and being fiscally responsible.  It really is a great little trick, but do not be fooled.  This country has a spending problem and something needs to be done.  Word tricks and accounting gimicks will no longer work.  Remember this double-speak in 2012 and let’s see if we can put an end to it.

White House Ignores Interest Payments

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