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Another Obama Official Admits Prez Punted With Budget

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Published on Mar 3, 2011

Speaking today at a hearing to present the Department of Transportation's budget request, Sec. Ray LaHood defended the $435 billion "mystery tax"—a revenue source that is not explained or detailed in the president's budget submission—by saying, "Senator, I think what we need to do is to sit down together and figure this out. And, uh, we're willing to do that."

Sen. Sessions responded, "Well, 'sitting' and 'figuring out' is a little late when you've got a budget that assumes it's going to be done when it's not going to be done."

Last week, Treasury Secretary Timothy Geithner admitted that President Obama's budget, even if enacted exactly as submitted to Congress, contains unsustainable obligations.

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