That’s what Jacob Sullum calls Obama’s budget in this column.

Each year, Obama says that the federal government is going to “cut the deficit.” Each year, the gusher of spending continues and the deficit grows. It reminds you of Lucy promising to let Charlie Brown kick the football this time, only to yank it away as she always has in the past, so Charlie winds up on his back.

Will American voters catch on that Obama is lying to them? That he plans to keep running up the nation’s debt as long as he gets to rule?