Friday, March 18, 2011

Obama’s OMB Nominee Tells the Uncomfortable Truth -- Slavery By Debt So Large It Can Never Be Repaid

Note, she has no formal budget training ... Just another Obama propagandist.

Heather Higginbottom, President Obama’s nominee for deputy director of the Office of Management and Budget (OMB), is a smart and honest person — which is probably why she found it so difficult, under questioning from Sen. Jeff Sessions today, to run interference for Obama’s pathetic solution to our deficit problems.

The Budget Committee held a hearing today to consider the nomination of Heather Higginbottom to be President Obama's deputy budget director. Sen. Sessions confronted the nominee over false assertions from the White House regarding the president's budget.

Both President Obama and his budget director have repeatedly said that the president's budget allows us to "live within our means," "spend money that we have each year," and "begin paying down our debt." (http://1.usa.gov/hvENzK, http://youtu.be/rTuzmyMwH7E) Numerous fact-check organizations have found these statements to be false, (http://goo.gl/ZuitF) and Sessions has argued that these inaccurate claims undermine efforts to confront our growing fiscal crisis.

In reality, the budget that President Obama submitted adds $13 trillion to the debt, never has a deficit less than $600 billion, and spends more than it takes in every single year. And by the tenth year, interest payments on our debt will rise to $844 billion--more than we spend on Medicare or defense.

Note: Ms. Higginbottom, a former advisor for Obama's presidential campaign, has no formal budget training or experience.





Note the end, where Sessions points out that the out years of Obama’s budget for FY2012 don’t actually “stabilize” anything — indeed, the deficit never falls below that $600 billion mark, a fact Higginbottom confirms.

Again, it’s not because what she said was wrong. It’s that what she said was true — she tried to avoid the discomfort of admitting that, but couldn’t.

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