Issues: Obama Budget: Missed Opportunity
February 1st, 2010
In just one year, the deficit estimates of the White House have exploded by 35% to $1.3 trillion and are projected to climb until 2015. It is impossible to sustain this level of irresponsible spending without jeopardizing our children’s future. With the wasteful spending revealed in the President’s ineffective stimulus plan, this administration has lost credibility when it comes to responsibly managing the taxpayers’ money.
This budget is more proof that the President’s answer to every question is more government spending. With a $3.8 trillion dollar yearly budget proposed, it guarantees massive deficit spending, tax increases and more strain on the real engine of our economy, small businesses. We need pro-growth policies of tax cuts, a balanced budget amendment and federal spending cuts.
The President can send a strong signal that he has heard the concerns of Americans who see an ever growing government and no improvement in their daily economic situation. He can move to restrain the explosion of government spending and join with Republicans in Congress to stop the tax increases scheduled to take effect in 2011. Unfortunately, he seems intent on following the same discredited liberal path of higher taxes and more government.
While we have sharp disagreements on the size and purpose of the federal government, it should be noted that the President’s budget only calls for modest reductions for funding of operations in Iraq and Afghanistan. It is encouraging to see President Obama move past his liberal campaign rhetoric and recognize the realities of governing. Supporting our forces and giving them the tools to complete their mission should be a unifying point for Americans of all political views.Posted by Robin Smith
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