Charles Krauthammer points out that the “accounting” in our Dear Leader’s so-called “budget” is the type that would get an ordinary citizen thrown in jail.
Classic Obama debt reduction: Add $2 trillion in new taxes, then add $1 trillion in new spending and, presto, you’ve got $1 trillion of debt reduction. It’s the same kind of mad deficit accounting in Obamacare: It reduces debt by adding $540 billion in new spending, then adding $770 billion in new taxes. Presto: $230 billion of “debt reduction.” Bialystock & Bloom accounting.
Be sure to read the whole thing. Trust me, it gets better.