- Post 26 May 2012
- By RCP Video
"That is what makes it whopper of the year," syndicated columnist Charles Krauthammer says of a report that federal spending, under the Obama administration, has risen at the lowest pace in 60 years.
"This is an unbelievable distortion of the truth. If you compare it to what was spent in the Bush years, particularly if you take out the emergency spending that the two administrations agreed on in the end -- the bailouts -- then you have an 8% increase, which is historic. You had it in 2009 alone, increases in the agencies of 20% and 50% in some of the agencies. Historically high and Obama increased it year after year."
"So what he is talking about really is a false impression. There was no intention ever by any administration of repeating the bailouts that you have to have in September, October, and November of 2008 and then the beginning of 2009. And if you count it in it's deliberately distorting the facts. And I'm not sure if there is anybody who believes it because it's so obvious, If an administration starts with the largest stimulus spending bill in galactic history, it obviously is not cost-cutting administration," he said.