Obama Would Increase Spending by $425 Billion

All three morning shows on Wednesday skipped a startling claim by Senator Barack Obama during the previous night’s presidential debate. During a discussion on spending, he bizarrely asserted, “Actually I’m cutting more than I’m spending so that it will be a net spending cut.” However, according to the Committee for a Responsible Federal Budget, that statement doesn’t even close to being true.

Their numbers show an increase in spending of $425 billion over four years of an Obama administration and only a decrease of $144 billion. And this is factoring in Obama’s tax increases as a way of “saving” money. And yet, ABC’s “Good Morning America,” CBS’s “Early Show” and NBC’s “Today” all failed to report on the discrepancy or the math oddity of including more taxes as a cut. GMA reporter John Berman even filed a “fact check” segment on the debate, but ignored the Obama claim, which was picked up the AP.

http://newsbusters.org/blogs/scott-whitlock/2008/10/08/all-three-morning-shows-skip-bogus-obama-net-spending-cut-claim

That’s quite a hat trick, Barack.

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