Visually explained in terms of shots of Jack Daniels in this video, here is the $1.5 trillion U.S. deficit and the absolutely feeble proposal by the Republican leadership to cut $100 billion (oops, now $74 billion).
Meanwhile, Democratic Senate Majority Leader Harry Reid ludicrously called the Republican proposal “unworkable” and “even more draconian than we originally anticipated.”
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You may not agree with this video, but an-over-the top response, and one that ignores the fact that GWB did not inherit a budget surplus is laughable. Seriously, just because the Federal Government chooses to look the other way and call something a surplus by moving anything that would prevent it “off budget”, doesn’t change the reality. Look at the debt figures. They went up every year that Clinton was president. If we were operating at surplus, the debt should not have grown.
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