Thursday, May 31, 2012
OBAMA TO HIS ADMINISTRATION, "I LIE AND YOU SWEAR TO IT"
White House vs. Fact Checkers: Sticking to Obama’s Fiscal StoryThe Obama administration is holding firm to its heavily challenged assertion that federal spending has slowed during his tenure in office. At a campaign earlier this month in Denver, Obama said, “Since I’ve been president, federal spending has risen at the lowest pace in nearly 60 years. Yes, we’re going to streamline government. There’s more waste to be cut.” White House Press Secretary Jay Carney has repeatedly stood by the statement invoking a MarketWatch column, and on Wednesday, an assessment by Jared Bernstein, a former economic aide to Vice President Joe Biden.Read More