The budget calls for more taxes… and more debt!
Get ready to open your wallets a little wider. President Obama dropped his new Progressive budget plan to transform America on Congress, and all it will cost you is $6,461 more than you’re paying in taxes already.
That would add up to about $2.1 trillion more in revenue for the government. Naturally, Obama’s budget calls for increasing spending by $2.4 trillion.
That gap of $300 billion or so? Fuggeddaboutit. That’s for your kids and grandkids to worry about. All you need to know is that the Chinese will do a direct deposit in the White House’s account.
And lest you think Obama is getting soft with his $4 trillion total budget proposal, rest assured that $300 billion is on top of the already outrageous borrowing in previous budgets. Ultimately, once years of interest are added up, this budget will add an estimated $8.5 trillion to the national debt.
The proposed spending plan sent Senate Finance Committee Chairman Orrin Hatch over the edge.
He said, “The president’s budget is a retread of the same top-down redistributive policies that have failed to lift hard-working American families and promote a strong and healthy economy. A $4 trillion government spending spree propped up by massive new tax hikes, this budget blueprint shamelessly panders to the Democratic base and does nothing to put our nation back on a sound fiscal footing.
“Rather than creating a simpler, fairer, more competitive tax system it adds complexity and confusion. It lacks fiscal responsibility, not ever reaching a balance, and does nothing to reform the greatest drivers of our debt – Medicare, Medicaid, and Social Security.
“This budget is partisan, not practical. Even the White House has conceded it will be a nonstarter with Congress. It’s time for the president to move past political talking points and start working with Republicans and Democrats to find consensus on policies that will expand the economy, create more jobs and provide bigger paychecks and better opportunities for the American people.”
I don’t think it’s political talking points that are the problem, so much as the fact that we are dealing with a White House that feels comfortable spending time and money churning out a thousands-of-pages-long budget it knows few will ever read and almost none will support.
It’s all part of the show, apparently.
Obama also sent out an email to his loyal minions. I can’t determine if he’s merely lying or if he’s really this delusional. You decide: “The budget I’m presenting today lays out exactly what else we can do to keep our families strong – ways to make paychecks go further, raise wages, and create good jobs here at home. I’m also proposing that we re-evaluate how we make spending cuts – because they shouldn’t be made blindly across the board, as they have been in years past.”
First off, spending cuts — where?
Second, paychecks go further by increasing taxes? Huh? Let’s review: 2 plus 2 equals? (Although Lewis Carroll once “proved” that 2 times 2 equals 5. But he was a nut and a math genius.)
Third, create good jobs — virtually every job Obama has “created” since taking office has gone to an illegal alien, so. …
The proposed budget may never pass, but you can rest assured one just as absurd will — probably one that has all sorts of “cuts” (D.C. code for “we increased spending, but less than we wanted to.”) but will still increase the country’s debt and reduce Americans’ freedom.
Freedom is what it’s about when you get down to it. Government was created to protect our rights, but the raising of taxes is about taking those rights away by limiting your personal budget and options. That, in a nutshell, is what the Obama Administration is about.
If you work for a living or happen to be independently wealthy, prepare to say goodbye to your money. Again.
If you don’t have a job, then no worries. Just kick back and wait for the next check and possibly a new Obama Phone. No matter who ends up writing the final budget, rest assured that the military and other vital services may suffer, but you will always get the goodies.