Pelosi: “It is almost a false argument to say we have a spending problem”
It’s almost, “we gotta pass this bill so we can see what’s in it!,” but not quite. Just as clueless, though. Politico reports:
House Minority Leader Nancy Pelosi says the tens of billions of dollars of spending cuts under sequestration that kicks in on March 1 can be avoided through eliminating tax subsidies for oil companies.
“The fact is we’ve had plenty of spending cuts, $1.6 trillion in the Budget Control Act. What we need is growth,” Pelosi said in an interview on “Fox News Sunday.” Slashing spending indiscriminately, she said, would hurt growth prospects for the U.S. economy.
“It is almost a false argument to say we have a spending problem,” the California Democrat asserted.
Pelosi didn’t rule out additional spending cuts, but called for new revenue to reduce the projected $845 billion deficit this year.