"So does this mean we should count savings from all wars we are no longer
fighting. What about the deaths that are no longer occurring, how do we
count that; lives saved! Since I’m not spending money I don’t have, I’m some how saving it? I was going to buy a $3 Million home, but have since changed my mind. Wow, all of a sudden I’m $3 Million in “the black”. For
a man that cannot figure out his own taxes, how in the hell did this
man get appointed as the US Treasury Secretary? Oh yeah, he is buddies
with Obama and qualifications do not matter for this administration". MC
Ouch! Chris Wallace caught Treasury Secretary
Tim Geithner ranting about imaginary war savings on FOX News Sunday
today. Geithner and Barack Obama have repeatedly claimed budget
savings as much as $700 billion that the nation no longer plans to spend
on the wars in Iraq and Afghanistan over the next decade.
This is an accounting gimmick that has drawn fire from both Democrats and Republicans.
Today Chris Wallace nailed him.
“It’s a gimmick.”