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Reid’s Gimmicks Unmasked: Record $3T Debt Increase Tied To Just $1T In Cuts

WASHINGTON–After the Budget Committee’s Republican analysts conducted a careful review of Majority Leader Reid’s debt limit proposal, Sen. Sessions shared his findings on the Senate floor.

The truth: Reid’s proposal cuts only $1 trillion in spending for a nearly $3 trillion increase in the debt limit, and is based on an outdated spending baseline. This faulty baseline permitted Reid to temporarily disguise his irresponsible spending increases.

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Added: Jul-27-2011 Occurred On: Jul-27-2011
By: star53
Tags: Harry Reid’s, Gimmicks, Unmasked, Budget Committee
Views: 2675 | Comments: 10 | Votes: 3 | Favorites: 0 | Shared: 2 | Updates: 0 | Times used in channels: 2
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