Fact checking Obama's press conference

When President Obama starts talking its sure as heck sounds pleasant. But then the facts get in the way.

From the Senate Republican Communications Center:

Fact Checking The President’s Press Conference

President Obama: ‘We Will Not Be Adding More To The National Debt’

PRESIDENT OBAMA: “By The Middle Of This Decade Our Annual Spending Will Match Our Annual Revenues. We Will Not Be Adding More To The National Debt.” (President Obama, Press Conference, 2/15/11)

REALITY: “At No Point In The President’s 10-Year Projection Would The U.S. Government Spend Less Than It's Taking In.” (“President Obama’s Budget And The Pending Budget Fight,” ABC News, 2/14/11)

WHITE HOUSE BUDGET: Receipts Never Match Outlays

PRESIDENT OBAMA: “By The Middle Of This Decade Our Annual Spending Will Match Our Annual Revenues.” (President Obama, Press Conference, 2/15/11)

WHITE HOUSE BUDGET: Table S-1. Budget Totals

2010:    Receipts: 2,163 [Billion Dollars]           Outlays: 3,456 [Billion Dollars]

2011:    Receipts: 2,174 [Billion Dollars]           Outlays: 3,819 [Billion Dollars]

2012:    Receipts: 2,627 [Billion Dollars]           Outlays: 3,729 [Billion Dollars]

2013:    Receipts: 3,003 [Billion Dollars]           Outlays: 3,771 [Billion Dollars]

2014:    Receipts: 3,333 [Billion Dollars]           Outlays: 3,977 [Billion Dollars]

2015:    Receipts: 3,583 [Billion Dollars]           Outlays: 4,190 [Billion Dollars]

2016:    Receipts: 3,819 [Billion Dollars]           Outlays: 4,468 [Billion Dollars]

2017:    Receipts: 4,042 [Billion Dollars]           Outlays: 4,669 [Billion Dollars]

2018:    Receipts: 4,257 [Billion Dollars]           Outlays: 4,876 [Billion Dollars]

2019:    Receipts: 4,473 [Billion Dollars]           Outlays: 5,154 [Billion Dollars]

2020:    Receipts: 4,686 [Billion Dollars]           Outlays: 5,422 [Billion Dollars]

2021:    Receipts: 4,923 [Billion Dollars]           Outlays: 5,697 [Billion Dollars]

(Fiscal Year 2012 Budget Of The U.S. Government Summary Tables, The White House, 2/14/10, P.171)

WHITE HOUSE BUDGET: Debt Grows Every Year

PRESIDENT OBAMA: “We Will Not Be Adding More To The National Debt.” (President Obama, Press Conference, 2/15/11)

WHITE HOUSE BUDGET: Table S-14. Federal Government Financing And Debt; Total, Gross Federal Debt

Actual 2010:                 13,529 [Billion Dollars]

2011 Estimate:              15,476 [Billion Dollars]

2012 Estimate:              16,654 [Billion Dollars]

2013 Estimate:              17,750 [Billion Dollars]

2014 Estimate:              18,761 [Billion Dollars]

2015 Estimate:              19,776 [Billion Dollars]

2016 Estimate:              20,825 [Billion Dollars]

2017 Estimate:              21,867 [Billion Dollars]

2018 Estimate:              22,924 [Billion Dollars]

2019 Estimate:              24,023 [Billion Dollars]

2020 Estimate:              25,165 [Billion Dollars]

2021 Estimate:              26,346 [Billion Dollars]

(Fiscal Year 2012 Budget Of The U.S. Government Summary Tables, The White House, 2/14/10, P.203)

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