Tax and spend Obama breaks yet another campaign promise

Back during the presidential campaign, Barack Obama promised that he would reduce the deficit to 3% of GDP by the end of his first term in office. It was a sham, of course. There's no way Obama, drunk on spending taxpayer money, would follow through on something like that.

Now it's official. Over the weekend, Obama announced his new $3.8 billion budget, which ramps up spending on all kinds of useless government programs. Meanwhile his Office of Management and Budget announced that the deficit would be reduced to a minimum 3.6%...by 2020. Right now, deficit spending is at its highest point since World War II, thanks to Obama.