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Liberal pretzel logic: It’s morally correct to spend every dollar taken in, then borrow billions more to spend on government waste and stick our children with the bill.

CHIP REID, CBS NEWS: “This weekend, when the Vice President was laying out all the things that you have to do and how much — when he said you have to ask those who are struggling in this economy to bear the burden and let the most fortunate among us off the hook, he said that borders on being immoral. Does the President agree with that?”

JAY CARNEY, WH PRESS SEC: “Why, I think he does. Yes.”