“Of course the President believes that we have a spending problem”

CARNEY: Of course the President believes that we have a spending problem that is specifically driven by, and I think every economist who’s insights into this area are worth the paper on which his or her PhD is printed, would tell you that the principle driver when it comes to spending of our deficts and debt is healthcare spending – and that’s just a fact. What is also a fact is that we have reduced non-defense discretionary spending to it’s lowest level as a percentage of our economy since Dwight Eisenhower was President. I think only a few of you here were covering Eisenhower, so that is a long time and that doesn’t mean that we can’t (laughter)… Tom, no, okay. No, there are people who have spent a long time covering and know this stuff back and forward and know this fact, that non-defense discretionary spending has not been this low for generations.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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