During a speech on the Senate floor last week, Senate Majority Leader Harry Reid falsely claimed that the Democrats have reduced the budget deficit by $2.5 trillion. It’s such a gross lie it’s almost laughable, and earned Reid the “Whopper of the Week” award from The Washington Guardian.
“In the last two years we have reduced the deficit by $2.5 trillion,” he said. “The Senate budget continues this effort without jeopardizing our economic recovery or breaking our promises to seniors and veterans.”
The Congressional Budget Office, which does non-partisan economic analysis at the behest of Congress, estimates that the federal deficit will be $845 billion by the end of this year. Two years ago, in 2011, the deficit was $1.3 trillion. That’s hardly a reduction of the more than $2 trillion that Reid claimed.
In fact, CBO data shows that the deficit has only been reduced by about $450 billion over the last two years. That’s about 20 percent of what Reid claimed.
For mangling budget numbers in a way that gave Americans too rosy a picture of the federal decific, Harry Reid wins the Whopper of the Week, a distinction awarded by the Washington Guardian to inaccurate, false, or misleading statements made by political leaders. (Read More)
Reid isn’t the only Democrat who has claimed to reduce the deficit by this much. President Obama made a similar claim not too long ago. They’re all liars.
Update: Doug Ross linked – thanks!