Obama's Budget Calls for $56B in New Spending

Discussion in 'News / Current Events' started by InTheLight, Mar 4, 2014.

  1. InTheLight

    InTheLight
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    What planet does he live on?

    WASHINGTON — President Obama released his 2015 budget Tuesday, making the case for $56 billion in increased spending while offering the rosy projection that the nation is now on track to cut deficits to below 2% of the economy over the next decade.

    The budget proposal, which faced resistance from Republican lawmakers even before its release, details Obama's wish list for new manufacturing hubs, job training and early childhood education and other domestic programs that would be offset by revising some spending programs and slashing tax benefits for multimillion-dollar retirement accounts.


    [News Flash to Democrats--you don't find revenue to spend by closing tax loopholes.]

    http://www.usatoday.com/story/news/politics/2014/03/04/obama-2015-budget/6012881/
     
  2. thisnumbersdisconnected

    thisnumbersdisconnected
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    Nearly $4 trillion, massive cuts to defense, a reneging on cuts to Social Security in order to save the program, new education initiatives when the feds don't belong in the classroom to begin with, and an "infrastructure" program that seems designed more to benefit contributors than repair/shore up truly bad highways and bridges.

    Only one term describes it: DOA.
     
    #2 thisnumbersdisconnected, Mar 4, 2014
    Last edited by a moderator: Mar 4, 2014
  3. Bro. Curtis

    Bro. Curtis
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    And that's the good news. It has zero chance of passing.
     

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