Uploaded by BudgetGOP on Jul 26, 2011
JULY 26, WASHINGTON–After the Budget Committee’s Republican analysts conducted a careful review of Majority Leader Reid’s debt limit proposal, Sen. Sessions shared his findings on the Senate floor.
The truth: Reid’s proposal cuts only $1 trillion in spending for a nearly $3 trillion increase in the debt limit, and is based on an outdated spending baseline. This faulty baseline permitted Reid to temporarily disguise his irresponsible spending increases.