Because that's the only way you can call not raising taxes 'spending' and believe it.
And let's not forget this piece of shit:
Called a “debt failsafe trigger,” Obama’s scheme would automatically raise taxes if politicians spend too much. According to the talking points distributed by the White House, the automatic tax increase would take effect “if, by 2014, the projected ratio of debt-to-GDP is not stabilized and declining toward the end of the decade.”
Let’s ponder what this means. If politicians in Washington spend too much and cause more red ink, which happens on a routine basis, Obama wants a provision that automatically would raise taxes on the American people.
Got that? He wants tax increases without the cowardly politicians having to actually vote on them. You know why.
One of those times you think "C'mon, just one little meteor..."