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Panel looks at federal spending

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Description
Charles Krauthammer examines recent statements made by the Obama administration
Duration 1:32
Date May 24, 2012

This transcript is automatically generated

Don't want to start with and audible.

Since we just saw Jim angles piece in which the president says since I've been president federal spending has actually risen at the lowest pace.

In nearly sixty years as -- detailed.

They have that number based on the federal spending that came out of the emergencies.

The bank bailouts.

The rescue the federal housing agencies and the like at the end of the bush administration and that's their baseline.

And which he makes that state -- And that's what makes -- the whopper of the year I mean this is an unbelievable distortion of the truth.

And -- it's it's really if you compared to what was spent.

-- in the bush years particularly if you take out the emergency spending that the two administrations agreed on at the end the bailouts.

Then you've got an 8% increase which is historic you -- in 2009 alone.

Increases in the agencies of 20% 50% so many agencies.

Historically high and Obama has increased -- year after year.

So what what he's talking about really is a false impression.

There was no intention ever by any administration of repeating the bailouts that you had to have in September October and November.

Center of -- fifth 2008 and in the beginning in 2009.

And if you counted in its deliberately distorting the facts and I'm not sure there's anybody who believe because it's so obvious.

If an administration starts.

With -- larger stimulus spending bill and galactic history it obviously is not a cost cutting administration why.