"[The president has] proposed to freeze discretionary spending, to keep the overall size of the government at a very modest level as a share of our economy. If you look again at what the president’s proposing, he keeps the overall size of government at a very modest level comparable to–lower than what was in the Bush administration, comparable to what President Reagan presided over. That’s very important."
As the following chart shows, that is untrue.
So did Geithner commit an out-and-out lie, or is he just a guy in charge of numbers who knows not about numbers?
On this chart, the Clinton and Early GW Bush years were the lowest spending as a percentage of Gross Domestic Product.
The last Bush year and President BO's first two years have been a disaster.
What would motivate Geithner to lie about something so easily checked?