Budget beauty is clearly in the eye of the beholder.
Republican Senator Jeff Sessions took a look at President Barack Obama’s bloated, spend-your-way-out-of-a-recession blueprint for 2012, with its $1.65 trillion deficit, and declared himself appalled.
“The president has presented the most irresponsible budget in the history of this republic,” he said.
Sessions made the remark while strongly endorsing the leaner 2012 spending plan proposed Tuesday by Representative Paul Ryan, the Republican chairman of the House Budget Committee.
Ryan’s budget would put the U.S. government on what he says would be a more sustainable fiscal path by cutting around $6 trillion in expected spending over the next decade.
The budget would even be balanced by 2015, sort of … as long as you don’t count the $200-plus billion in interest payments on the debt.