He's right on the data; no one's certain why
"Medicare costs have slowed down dramatically. In fact, the first two months of this fiscal year, Medicare costs were down even in nominal terms relative to the previous year."
on Wednesday, December 18th, 2013
"Look, the earmarks have come down significantly, 75 percent."
— PolitiFact National
on Wednesday, March 11th, 2009
Obama budget chief Peter Orszag claimed earmarks are down 75 percent. He's way off.