Testifying on Capitol Hill at hearings on President Obama's $3.55 trillion budget for next year, White House Budget Director Peter Orszag actually made the following outlandish statement, presumably with a straight face: "Contrary to the analysis of many pundits, this budget is not a big spending budget."
And if an emissary of this new administration can make such a laughably specious statement, we can expect them to say anything. Why, they might even try to claim there are no earmarks in the bailout bill. Wait ... I think they already did that.
