And Greg, what you really need to concentrate on any of these 10 year budgets is the first year, and in the first year, President Obama's budget spends $160 billion more than the CBO baseline and increases the deficit by $128 billion more than the CBO baseline in the first year. President is really proposing is increasing spending, increasing the deficit in that first year. Then extrapolate that for the next 10 years. That's really what his proposal looks like to me. (00:58–01:15)
CLAIM
Asserts that President Obama's budget increases spending and the deficit compared to the CBO baseline in the first year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
