Worth the listen … not much commentary needed.
Just to set this up … the young President spent 30 minutes talking about investments (spending) on education and high speed rail or something, and less than 10 about cutting the deficit. Krauthammer sees it all for what it is.
UPDATE: Now that the show is over I thought I would add one video clip from the young President’s speech that I think illustrates CK’s point. Here he is calling for a whopping savings of … drum roll please … 40 billion dollars.
Here’s a link to the entire transcript of the young President’s SOTU address. When the President finally did get around to talking the deficit … about 40 minutes in, he warned Republicans not to cut anything he likes, and he breaks out the human shields to defend big government.
I’ll put up a couple Paul Ryan bites in a separate post, but here’s all you need to know. Another record deficit.
A new estimate predicts the federal budget deficit will hit almost $1.5 trillion this year, a stunning new record … The new estimates will only add fuel to a raging debate over cutting spending and looming legislation that’s required to allow the government to borrow more money.