Is this a case of unadulterated gall or sheer stupidity? You watch this clip and tell us if it’s one or the other or if some completely different word come to mind.
Secretary of the Treasury Tim Geithner testified before the Senate today and got grilled by Jeff Sessions. The Senator pointed out that President Obama’s budget – the budget Geithner signed off on – contains interest payments and other obligations that are “excessively high” and “unsustainable.”
Geithner agreed.
Let us repeat that. The Secretary of the Treasury agreed that spending in the budget he and the President just submitted to Congress is unsustainable.
The inmates are running the asylum.
