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Scarborough falsely claimed Orszag "admit[ted]" Obama budget "will create an unsustainable debt"

March 23, 2009 11:06 am ET

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SUMMARY: Joe Scarborough falsely claimed that the president's "own OMB director admits" that his budget will "create an unsustainable debt." In fact, OMB director Peter Orszag recently said that deficits at the level estimated by CBO in scoring Obama's proposed budget "would ultimately not be sustainable," but also said: "I think that what you're going to see, again, under our assumptions, our policies lead to lower deficits than that." Orszag also recently asserted that "[t]he President's Budget," if enacted, would "put the nation on a sustainable fiscal path."

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