Barack (Mis)Speaks

Obama said, in his introductory statement:

At the end of the day, the best way to bring our deficit down in the long run is not with a budget that continues the very same policies that have led us to a narrow prosperity and massive debt. It's with a budget that leads to broad economic growth by moving from an era of borrow and spend to one where we save and invest.

This is entirely disingenuous. Obama's budget plan multiplies the federal deficit far beyond what it has ever been, in any prior administration.