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Old 02-14-2011, 02:23 PM
 
Location: Chicagoland
41,325 posts, read 44,929,215 times
Reputation: 7118

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Speaker Boehner: President Obama's Budget "Spending the Future" - The Note

Quote:
“$3.8 trillion in spending in the coming year and $8.7 trillion in new spending over the next decade shows the President hasn’t really listened to the message Americans are trying to send Washington,” Noem, R-South Dakota, said.
So, apparently obama will cut the deficit by $1.1 trillion over ten years, but what he doesn't tell you is that the combined deficit will be over $10 trillion.

He is truly clueless.

Included in this boondoggle, all these taxes;

Obama's FY2012 Budget:<br> Taxes, Taxes, and More Taxes

Quote:
President Obama released his budget this morning. Rather than focusing on Washington’s over-spending problem, the budget calls for higher taxes on families and small businesses to pay for even more government spending.
He's back again with the tax hikes that have been previously rejected.

White House Expects Federal Deficit to Spike to $1.65 Trillion - WSJ.com

Quote:
WASHINGTON—The White House projected Monday that the federal deficit would spike to $1.65 trillion in the current fiscal year, the largest dollar amount ever, adding pressure on Democrats and Republicans to tackle growing levels of debt.
He really thinks this massive spending spree will result in bringing down the deficit.

I'd say this budget is DOA in Congress AND America.
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Old 02-14-2011, 02:28 PM
 
Location: Tampa Florida
22,229 posts, read 17,847,737 times
Reputation: 4585
Shock, shock! The federal Govt spends money.

Here is the budget proposal -- just in case anybody actually wants to know what's in it, rather than what some may tell you that's in it.

The Budget | The White House
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Old 02-14-2011, 02:38 PM
 
Location: Chicagoland
41,325 posts, read 44,929,215 times
Reputation: 7118
Remember that blue ribbon commission he set up? I don't think he took many of their suggestions to heart - other than the tax hikes.

Republicans - And Some Democrats - Say White House Budget Not Nearly Painful Enough - George Stephanopoulos' Bottom Line

Quote:
“What will it take to get the President’s attention about the fiscal crisis facing our nation?” asked Sen. John Barrasso, R-WY. “Despite the American people’s clear demand for less spending, the President has drafted another budget that throws more fuel onto an already raging fiscal fire.”
By the very large numbers. Leaves little doubt what this man intends for the UsofA.

Obama’s Spending Spree: By the Numbers - By Andrew Stiles - The Corner - National Review Online

Quote:
$46 trillion — total spending over the next decade.

$8.7 trillion — total new spending over the same period.

$26.3 trillion — Total new debt, including entitlement obligations, predicted by 2021.
All obama.
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Old 02-14-2011, 02:44 PM
 
Location: Long Island (chief in S Farmingdale)
22,180 posts, read 19,449,121 times
Reputation: 5297
Looking at the actual budget, its $1.1 trillion, which is $200 billion less than the projected $1.3 trillion budget deficit for 2009 that he inherited the day he took office.
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Old 02-14-2011, 02:47 PM
 
Location: Dallas, TX
31,767 posts, read 28,806,382 times
Reputation: 12341
Quote:
Originally Posted by Smash255 View Post
Looking at the actual budget, its $1.1 trillion, which is $200 billion less than the projected $1.3 trillion budget deficit for 2009 that he inherited the day he took office.
And I don't think Bush's last budget included war spending. But republicans are generally fine as long as they don't see it.

BTW, Sanrene, if budget surplus under Clinton should be credited to republicans, shouldn't we attribute any future surpluses to republican congress since they claim that they got the American mandate and stormed back in power?
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Old 02-14-2011, 02:49 PM
 
45,201 posts, read 26,417,923 times
Reputation: 24964
Just started perusing the budget, so far my favorites are the $53 Billion for high-speed rail and $29.5 billion for "clean energy".

Obama sure made some tough choices
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Old 02-14-2011, 02:51 PM
 
Location: Out in the Badlands
10,420 posts, read 10,822,779 times
Reputation: 7801
Quote:
Originally Posted by sanrene View Post
Speaker Boehner: President Obama's Budget "Spending the Future" - The Note



So, apparently obama will cut the deficit by $1.1 trillion over ten years, but what he doesn't tell you is that the combined deficit will be over $10 trillion.

He is truly clueless.

Included in this boondoggle, all these taxes;

Obama's FY2012 Budget:<br> Taxes, Taxes, and More Taxes



He's back again with the tax hikes that have been previously rejected.

White House Expects Federal Deficit to Spike to $1.65 Trillion - WSJ.com



He really thinks this massive spending spree will result in bringing down the deficit.

I'd say this budget is DOA in Congress AND America.
He has been used to freebies all his life and thinks that how the world works. COC community organizer in chief
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Old 02-14-2011, 03:29 PM
 
Location: Tampa Florida
22,229 posts, read 17,847,737 times
Reputation: 4585
For those who don't want to read the proposal.

The President Unveils a Budget to Win the Future for Our Kids | The White House
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Old 02-14-2011, 03:32 PM
 
Location: Chicagoland
41,325 posts, read 44,929,215 times
Reputation: 7118
Quote:
Originally Posted by florida.bob View Post
You're linking to the propaganda from the WH?

Seriously.

Obama budget resurrects rejected tax increases - Yahoo! News (http://news.yahoo.com/s/ap/20110214/ap_on_re_us/us_obama_taxes - broken link)

Quote:
WASHINGTON – President Barack Obama's budget proposal resurrects a series of tax increases on certain corporations and the wealthy that were largely ignored by Congress when Democrats controlled both chambers. Republicans, who now control the House, are signaling they will be even less receptive.
One just has to wonder why the democrats didn't push harder when they had complete control.

I really think it hilarious those that squawked when the deficit was $161 BILLION, or $458 BILLION, or even $1.2 TRILLION, don't seem to mind now $1.6 TRILLION deficits as far as the eye can see, culminating in a DEFICIT of close to $10 TRILLION.
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Old 02-14-2011, 03:37 PM
 
13,186 posts, read 14,972,499 times
Reputation: 4555
How many right wingers are too stupid to know that the biggest contributor to next year's projected deficit was the tax cuts Obama signed into law?

Clueless as always, they believe some new fantasy spending program is the reason.

Even the Wall St Journal was able to get this simple fact right......first paragraph.

http://online.wsj.com/article/SB1000...744337858.html

Last edited by padcrasher; 02-14-2011 at 03:46 PM..
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