Debt, schmet says President Obama. Fuggettabboutit. Not in those words, but that is the sentiment.
According to the Washington Post headline, “Job of Debt Reduction Nearly Done.”
One thing you won’t hear when President Obama delivers his State of the Union address Tuesday: An ambitious new plan to rein in the debt.
In recent days, the White House has pressed the message that, if policymakers can agree on a strategy for replacing across-the-board spending cuts set to hit next month, the president will pretty much have achieved his debt-reduction goals.
I knew big amounts of money just do seem to fly by, but $16 trillion not a worry? Try telling that to the IRS this April.