Obama isn’t concerned with our country’s mad dash into the fiscal abyss; he’s relishing it. How else can one explain his newly released $ 3.77 Trillion spending plan? In true Obama-style, his Socialist pie in the sky would be funded through deep punishment to targeted populations… Increasing income tax, as well as taxes on goods, such… Read more »
Posts Tagged: Spending
Shocking update: The President’s budget aims for more taxes, more spending, and more debt
Today, President Obama released his budget for the 2014 fiscal year. Coming just a little over two months past the legal deadline for the budget, it’s as bad as anyone would expect: President Obama plans Wednesday to unveil a $ 3.77 trillion spending plan that proposes modest new investments in infrastructure and education, major new… Read more »
Obama sends Congress $3.77T spending plan, riles both sides
President Obama found himself weathering bipartisan broadsides Wednesday as he sent Congress his 2014 budget proposal, which in its effort to please both sides of the aisle has ended up angering both. Source: FOXNews.com
About those new spending cuts in Obama’s budget …
President Obama is releasing his budget tomorrow, which will reportedly include Social Security and veterans’ disability benefit cuts in the form of the chained CPI. The budget would make $ 1.8 trillion in deficit reductions over 10 years, replacing the $ 1.2 trillion sequester, with $ 580 billion in revenue increases. That would be the… Read more »