FACT CHECK: There are budget phantoms in the room

 

Published: February 14, 2012

WASHINGTON (AP) — When a president introduces a budget, there are always phantoms flitting around the room. President Barack Obama's spending plan sets loose a number of them.

It counts on phantom savings from the wars in Iraq and Afghanistan. It's underpinned by tax increases Republicans won't let happen and program cuts fellow Democrats in Congress are all but certain to block.

And it assumes rates of g...


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