The President defines the Commission’s short-term job as “balancing the budget excluding interest payments on the debt by 2015.”

This means the President’s goal is to run a budget deficit in 2015 that does not exceed the amount the government will spend on interest in that year. This is not a balanced budget goal. It’s a deficit reduction goal that falls far short of balance. The Administration is using clever language to make it sound like a balanced budget goal.

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2 Responses to “The Goal Of Obama’s Fiscal Commission Is NOT! To Balance The Budget”

  1. Please tell Obama to quit raising the Debt Limits and to quite spending money he and the Nation does not have. Even drunks quit spending when they run out of money. That is your lesson for today “Oh Wise One.”

  2. avmed says:

    Good to see the well wishing posts that ignore what a creep the man is….Limbaugh was not treated so well by the “liberal” press.

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