Whoever runs the White House Twitter account must have had a restful holiday. The Twitter feed is alive with the administration’s comedy stylings today, from the announcement of the administration’s fresh new vision for a smarter, more efficient government to this bit of good news: the nation’s budget deficit is projected to be $200 billion less than projected. According to a new report from the Office of Management and Budget, America is looking at a revised deficit of only $759 billion.
In a press release, OMB director Sylvia Mathews Burwell took a swipe at the “economically damaging” sequester, which the AP credits with making the drop in the projected deficit possible, while describing the sequester as the “automatic, across-the-board spending cuts that the White House had hoped to avert” — and which spokesman Jay Carney did his best to pin on the GOP.
BREAKING: White House says budget deficit for current fiscal year estimated to shrink to $759B -RJJ
— The Associated Press (@AP) July 8, 2013
@whitehouse So, the Sequester is working?
— Soquel by the Creek (@SoquelCreek) July 8, 2013
So, the good news is that those GOP-driven cuts the White House opposed have helped reduce the deficit. Progress!
— HisStoryUn (@HisStoryUn) July 8, 2013
Barely a drop in the huge bucket. RT @whitehouse: Good news: The projected budget deficit for 2013 has decreased by more than $200 billion.
— Cameron (@ChiroCam) July 8, 2013
— Sean Lovejoy (@lovejoy_42) July 8, 2013
— Al ~ Fired Up Crazy (@alpipkin) July 8, 2013
Spending cuts and lower deficits seem to be a hit with the public.
— Never Forget (@Me_In_Jersey) July 8, 2013