By David Bossie
This week, President Obama unveiled his budget for fiscal year 2016, which in Washington begins October 1, 2015. Like every Obama budget before it, this year’s offering is crammed full of every tax-and-spend liberal policy you can think of.
Tax hikes? They’re there. More spending? Check. Never-ending deficits? Obama’s got that too. Disastrous debt? It’s there in spades.
Obama even tries to roll back the modest budget caps of 2011, calling them “mindless austerity.†Now, I know he isn’t very well informed but perhaps someone can write a newspaper article telling the President that those “mindless†spending limits were something he has agreed to for nearly four years.
Obama’s 2016 budget would be the most expensive federal spending plan in American history, doling out $4 trillion of hard working American taxpayer’s money through literally hundreds of duplicative, outdated and wasteful government programs.
It would raise discretionary spending — the one-third of spending Congress debates annually — by an unaffordable $75 billion. To pay for it, he plans to tax American businesses and job creators by hundreds of billions of dollars. As if we aren’t taxed enough already.
His budget never gets close to balance. Ever. It runs deficits of over $450 billion forever, ballooning the national debt from $18 trillion today to over $20 trillion by 2016.
The parade of horribles goes on for pages and pages, even including Obama’s amnesty plan for illegal immigrants and his ludicrous plan for more “free†education.
Conservatives across America must mobilize to ensure that this disastrous budget never becomes law.
Republicans in Congress must be held accountable and stand tall for fiscal responsibility by conservatives in order to ensure that they do not cave to Obama and his cheerleaders in the media.
I know, as I’m sure you do, that nobody can last long financially if they are borrowing money to pay their bills. Eventually, you have to pay the piper and the results are never pretty.
If enacted, Obama’s 2016 budget would continue America down the road into an economic time-bomb. The massive deficits and unsustainable debt will destroy the American economy, ruining livelihoods and wrecking the futures of millions of American families.
His tax increases will hurt already struggling small businesses and penalize millions of small business owners with the so-called Buffett Rule.
If Obama’s spending isn’t reigned in, the national debt will make the American Dream unattainable for future generations. Consuming vital national resources as more and more money goes to pay interest rather than funding our military, veteran or the fight against ISIS.
And while Republicans control both houses of Congress, don’t be surprised if the leadership team doesn’t lead from the front when it comes to taking on Obama. If the Republican Establishment has proven anything over the past six years, it’s that they tend to get weak-knee with Obama and Democrats as soon as the liberal media turns up the heat.
America needs an optimistic alternative vision from Republicans in Congress. We must repeal Obamacare. We must stop amnesty. We must cut spending and balance the budget, and we must do it now. President Obama’s budget must be rejected for the dangerous, tired same-old doomed plan that it is.
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David N. Bossie has served as president of Citizens United and Citizens United Foundation since 2001.
QUOTE from GOP and Republican Bush White House Vice President Dick Cheney, on deficits and deficit spending, to his own Treasury Secretary, Paul Oneill:
““Reagan proved deficits don’t matter,” he said. Cheney continued: “We won the midterms (congressional elections). This is our due.”
A month later, Mr Cheney told the treasury secretary he was fired from the Bush White House…
“We thought that it (the increases in the deficit) was a necessary and legitimate expense. We did it because we believed it was important to do and, still do.â€
Citing Dick Cheney to bolster your opinion, can we now believe you are and were a disciple of his?
Remember when your children were little, and you caught one of them doing something he knew he shouldn’t be doing? He pointed at his brother and said, “He did it first”. Delete “children” insert “liberal” and you have a day in Congress.
Dang, That must sting.
Shem. Good to see you holding Barack H Obama to the high standards of office set by Dick Cheney and George W Bush.
FYI. Conservatives disagreed strongly with the notion deficits do not matter. Dems agreed. We should all agree now they do matter; as witnessed by the $18,000,000,000,000 debt today. Any idea as to how it can be repaid?
Shit man, they have lowered his standard down to Clement the 5th, who was the pope who uttered the famous words “kill them all and let God decide which are infidels” at the siege of Avignon. This was his response to being asked by one of his generals on who to kill and who not to kill. There are those among us who hate Obama so much that they do not recognize any good. There are also those who support everything he does or says to the point that they justify his words by the murderous deeds of evil clerics of the dark ages. Both groups of extremists are unfit to even cast a vote. That speech at the prayer breakfast was insulting and out of touch. It was also an indication of total weakness and confusion.
Touche!
You can’t compare the Reagan deficits or even the Bush deficits to the Obama deficits.
That’s right, events that were out of their control is another.
One could compare tax cuts which effect the income coming into the treasure.
One could look at new spending which effects the deficit.
One could look at the deficit to GDP percentage
One could look at the years 82-89 for Reagan, 02-09 for Bush, 10 -19 (projected)for Obama.
One could compare the trade deficit as well.
+1
What is not being said:
The $450 billion projected debt is just a little over what will be the paid interest on the deficit from all past administrations.
Social Security, Medicare from payroll is in surplus by $150-200 billion dollars.
$12.8 trillion is public debt which 47% of it is held by foreign entity.
$5 trillion is intra government holdings (surplus social security, pensions, etc borrowed from).
US trade deficit will be aprox $500 billion dollars. 58% of this is said to add to the national debt
which would be $290 billion.
Of the entitlement cost:
Social Security, Medicare, government pensions is in surplus by that $150-200 billion a year.
Unemployment is paid thru employer contribution. This is break even by design.
Food stamp program cost is aprox. $75billion+ cost.
Farm program is $20 billion+ cost.
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