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Live-Blogging the Budget Speech: Spending on Tax Cuts?

| @tobincommentary 04.13.2011 - 2:14 PM

President Obama just accused Paul Ryan of “spending a billion dollars on tax cuts.” Leaving aside the fact that Ryan attempted to do what the president began his speech demanding that Americans do: make the hard choices. But taking less of the people’s money is not spending. This line reflects again the president’s belief that the money in our pockets, whether we are rich or poor, belongs to the government, and not to us.

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