Cavuto: I Was Wrong When I Praised Obama

I was wrong earlier this week when I praised the president for appearing to get his budget priorities right.

I was wrong when I commended him for boosting defense spending by $38 billion. I was wrong when I simply assumed he would get that money from somewhere else, so as to avoid blowing spending caps that are so vital to at least some spending restraint.

I was wrong when I said, of course, he'd find those savings. Because now I'm hearing he has no intention of even "trying" to find those savings.

The White House confirmed this week that the president will seek to bust limits on domestic and defense spending that both parties agreed to as part of sequestration a couple of years back.

And here's the thing. The White House isn't even hiding the fact. These guys are gloating about it.

"The President believes we should end the era of manufactured crises and mindless austerity," the White House said in a statement.

I think that's their way of saying "cut the cap." Even though the president signed onto that cap … all of those caps.

I guess I shouldn't be surprised. Maybe I was just getting ahead of myself when I was convinced that the president meant what he said when he said he was going to stick to budget limits on which both parties agreed.

You'd think I'd learn. Especially after hearing I could keep my doctor when I couldn't keep my doctor.

That lie cost us.

This one insults us.

But worse, dooms us.