For all of us, but especially for our low-information voters: Bret Baier Checks President's Deficit Reduction Math with Doug Holtz-Eakin

This played on Special Report some days ago, but we need to be aware of its content, especially for those of us who get glassy-eyed at budget discussions.

American Action Forum  "AAF President and former CBO Director Douglas Holtz-Eakin checked the math on the deficit reduction President Obama claimed to have already made in yesterday’s press conference. Watch the segment here for a step-by-step look at the budget gimmicks in play. You can also see the Eakinomics video referenced in the segment here." 

Last September, Holtz-Eakin gave this assessment of Bill Clinton's convention speech on Obama's economic policies. Remember Clinton is a Democrat politician, not an economist. I'm just sayin'.

 Analyzing the Clinton-Obama ‘Arithmetic’

"Bill Clinton provided a full-throated defense of President Obama’s economic and fiscal policies, the main ingredient of which is red ink. Unfortunately, the defense is built on claims that cannot be reconciled with the facts. It’s arithmetic."
Douglas Holtz-Eakin has a distinguished record as an academic, policy adviser, and strategist. Currently he is the President of the American Action Forum and most recently was a Commissioner on the Congressionally-chartered Financial Crisis Inquiry Commission.