The President continues to assert that policy changes proposed in his budget will result in $4 trillion in deficit reduction. The claim is simply false. House Budget Committee Chairman Paul Ryan unpacks the false claims and the gimmicks used to arrive at that number – revealing a deep divide between reality and the Administration’s rhetoric.
OMB Acting Director Zients contradicts the Administration’s argument before the Supreme Court on the constitutionality of the President’s health care law. The Administration claims the power to impose an unprecedented federal mandate to purchase government-approved health insurance if the enforcement mechanism is a tax. In testimony before the House Budget Committee, OMB Director Zients argues the opposite, claiming the enforcement mechanism is not a tax.