Author Topic: Obama's budget - just 'shell games'  (Read 488 times)

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Offline Confederate Kahanist

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Obama's budget - just 'shell games'
« on: February 16, 2011, 02:48:52 PM »
http://www.onenewsnow.com/Politics/Default.aspx?id=1294876

Barack Obama is being accused of engaging in "shell games" with his just-released proposed budget for fiscal year 2012. (Left: Video report - GOP responds to the budget)

 

On Monday President Obama unveiled his $3.73 trillion spending plan, calling the "investments" outlined in his plan "essential" in his desire to "out-build and out-innovate and out-educate [and] out-hustle" the rest of the world. But the government has to start "living within its means" for that to happen, he stated, and taking responsibility for its deficits.

Critics of the proposed FY 2012 budget are basically saying the president's words are empty. Gretchen Hamel, executive director of Public Notice, says the president's new budget plan is "very disappointing."
 
Monday on American Family Radio's Nothing but Truth program, Hamel said the budget President Obama has presented to Congress "will result in the highest deficit our nation has ever seen, and more spending than we can really take."
 
The message voters delivered in November, she said, is being ignored. "The American people spoke in November -- they said they wanted fiscal responsibility to be restored, that they wanted to get this economy moving again. And the only way we can invest in tomorrow is to start cutting today."
 
The Heritage Foundation was less reserved in its criticism, saying the president has "abdicated" his leadership role for addressing the nation's spending and debt problems.
 
Alison Fraser (Heritage Foundation)"Rather than delivering on his budget message -- which promises to 'free ourselves from the burden of historic deficits and growing debt' and stop 'spending money without identifying a way to pay for it' -- this budget delivers exactly the opposite: more spending, more taxing and pushing our country further into debt," argues Alison Fraser, director of the Thomas Roe Institute for Economic Policy Studies at The Heritage Foundation.
 
In a press release, Fraser accuses the proposed budget of ignoring proposals from the president's own deficit commission, doubling the public debt by the end of the decade, and using "typical budget tricks" to cut discretionary spending by simply moving it into mandatory spending.
 
"This budget perpetuates typical Washington business as usual," she concludes. "More spending, budget shell games, and a profound failure of vision to tackle the nation's long-term budget crisis."
Chad M ~ Your rebel against white guilt

Offline The One and Only Mo

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Re: Obama's budget - just 'shell games'
« Reply #1 on: February 16, 2011, 08:58:31 PM »
That's a lot of shekels.