Good grief. Did the S&P mention anything about military spending in its rationale for its downgrade of U.S. credit last Friday? No. They cited spending generally – and long-term entitlement spending specifically – as the reason for the downgrade. But the Left looks for any excuse to slash funding for our military, so I guess Frank just couldn’t pass up this golden opportunity. Just listen to the size of the cuts Frank is proposing: a roughly 35%-45% reduction in annual spending on the military. Amazing how effortless it for libs to slash spending when it comes to national defense. Meanwhile, you’ll be relieved to know that cowboy poetry funding remains intact along with countless other completely unnecessary government expenditures.
By the way, S&P also downgraded Freddie Mac and Fannie Mae to AA+ today. Frank has yet to be held to account for his role in that debacle. Yet here he is on TV being treated as if he has any credibility left whatsoever.
Side note: Is Frank dying or something? He looks pretty grisly in this clip.
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