Monday, March 23, 2009

President Deficit & Debt

"President Obama's 2010 budget looks more astounding by the day, especially when someone other than the White House budget office is analyzing it. The latest case of epic sticker shock came Friday when the Congressional Budget Office published its assessment, which found that the proposals would increase the federal deficit by $2.3 trillion more over 10 years than the White House had claimed.

[ . . . ]

And by the way, all of this is without including the costs of Mr. Obama's plan to offer "free" health care for the middle class. The White House budget includes only a "down payment" on health care, with every serious person figuring it will cost at least $1.2 trillion, and probably more. Incredibly, Democrats on Capitol Hill are, with White House encouragement, talking about jamming health care through Congress with a special procedure that requires only 50 Senate votes."
I'm reminded of the rock song lyric: "The future's so bright I gotta wear shades." If the President and the Congress are allowed to continue expanding national government, our kids and grandkids can probably save a little money for their taxes by dumping the shades.

Perhaps we should beware the "special procedure." Not only is the national government looking to grow and get bigger, but it seems that this President and this Congress may be getting more predatory as well.

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