Obama Citizenship

Federal Budget: ?Unprecedented Size, Scope?; GOP Responds To President?s Challenge

By Phil

The quote comes from an article in USA Today. The President’s budget proposal is expected to cash in taxpayer’s hard-earned monies at the rate of more than $3.5 “t”rillion:

All this would come at a price to be paid by in the future: annual deficits of at least $500 billion, and a federal debt that would reach $23 trillion in a decade.

Like Ronald Reagan for Republicans 28 years ago, the new Democratic president is staking out his party’s position on spending and taxes. Whereas Reagan sought to limit government, Obama wants to expand its reach. And he’s determined to tackle the nation’s most pressing issues, despite setbacks suffered by fellow Democrats Bill Clinton and Jimmy Carter in similar efforts. …

In little more than five weeks, Obama has shown he intends to think big and act quickly. He’s already agreed to spend nearly $800 billion over two years to try to jump-start the economy. He’s not only pressed Congress for the second half of a $700 billion bailout of the financial industry, he’s reserving the option for another $750 billion on top of that. …

Budget watchdog groups are grousing about deficits projected to drop from $1.75 trillion to $500 billion ? but stay in that range as far as the eye can see.

“When you get to the point that you’re pleased to be able to achieve a half a trillion (dollar) deficit when the economy gets going again, you’re in rough shape,” says Maya MacGuineas of the Committee for a Responsible Federal Budget.

From RedState.com:

Obama threw down the figurative gauntlet to detractors from his $3,600,000,000,000.00 spending plan, saying ?To a bunch of the critics out there, I?ve already said, show me your budget! I?m happy to have that debate.?

Here is the GOP’s budget proposal…

Fellow bloggers such as DigitalMarch are also getting into the action, asking fellow citizens to call, email and/or FAX their Representatives (and soon Senators) to just say “no” to the President’s proposal and to seriously consider saying “yes” to the GOP proposal.

Bottom line: Congress needs to balance the budget, the same way that the GOP did to President Clinton back in the mid-1990s. If all the rest of America — from individual citizens to large corporations — are having to tighten their belts (at best) or having to find an actual job or even a second one to make ends meet (at worst), surely Congress can cut back as well.

Remember, it’s your money they’re appropriating in DC!

-Phil

Full post as published by The Right Side of Life on March 27, 2009 (boomark / email).