President Obama will shortly announce his debt reduction plan, and the White House has already told reporters the headline number: $4 trillion. But the trick is, that number is over 12 years – as opposed to the standard 10-year budget window.
This is a clear and deliberate deception by the Obama administration. His Fiscal Commission set the $4 trillion target last year, which Budget Committee Chairman Rep. Paul Ryan, R-Wis., upped to $4.4 trillion in his plan.
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