Harry Reid: We've already cut spending!

President Obama may be running annual trillion-dollar deficits at this point, but Senate Majority Leader Harry Reid thinks the demands to cut spending are a bit too short-sighted. After all, they've already cut $1 billion in spending:

“Now remember, we’ve already done more than a billion dollars worth of cuts. We’ve already done that. So we need to get some credit for that,” Reid told the press Wednesday.

WATCH:

Gateway Pundit points out that Reid's bragging rights are based on cutting  a whopping .09% of the annual deficit.

Congratulations, Harry.