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Saturday, April 14, 2012

What, Ryan wrong with numbers...?

Because I'm so tired correcting Paul Ryan, genius, that I'll leave it to a "picture worth a thousand words," via Motley Cow:















CBO concluded that by fiscal year 2012 -- the current fiscal year -- the president’s budget proposal would increase federal outlays to $3.7 trillion. That’s a 6 percent increase -- a far cry from doubling.
Going even beyond that by ten years:
If you take a longer time horizon, the outlays come closer to doubling, but still not close. By fiscal year 2021 -- the final year for which CBO provided its analysis and long after Obama will have left office -- federal outlays would reach $5.8 trillion. That’s an increase of 66 percent, which is still not double.

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