Tuesday, July 13, 2010

With Deficit Ballooning, Republicans Take Novel Approach

With the President's Deficit Task Force recommendations pending and the President himself chaffing at the bit to stiffle the nation with suffocating tax increases, republican's on Capital Hill have proposed a novel idea: reduce spending
Republicans in the Senate are backing a plan to shave $20 billion from President Barack Obama's budget for the upcoming fiscal year. The cuts amount to about a 2 percent trim from the $1.13 trillion requested by Obama for agency budgets annually funded by Congress. Senate Budget Committee Democrats have proposed a $4 billion cut.

Wow, that makes sense! Hey, why didn't the president think of that?
While small as a percentage of overall spending, the cuts represent an attempt by Republicans to respond to rising voter anger about spending and deficits.

And beat the president to the punch in his upcoming proposals to "be responsible", which will have nothing to do with decreasing his boondoggle spending schemes or more importantly growing the economy. In fact, Obama's upcoming taxing proposals will have everything to do with strangling out the people that make the country work, the nation's entrepreneurs and small businesses.


Obama Faces Growing Credibility Crisis:
“The bottom line here is that Americans don’t believe in President Obama’s leadership,” says Rob Shapiro, another former Clinton official and a supporter of Mr Obama. “He has to find some way between now and November of demonstrating that he is a leader who can command confidence and, short of a 9/11 event or an Oklahoma City bombing, I can’t think of how he could do that.”

Well, no. Not that he seems to care.

1 comment:

  1. What's on your mind there, Barry-O? A little more misbehaving? People are starting to get wise on you. No need to furrow your brow. Remember what that republican from the past said: You can fool some of the people all of the time, and all of the people some of the time, but you can't fool all of the people all of the time.