Obama’s Budget Busts
President Barack Obama promised us a new style of “budget leadership” and he certainly delivered. Only he has run the country down in the process.
This July 4th weekend, we may be celebrating our nation’s birthday, but this blogger certainly is not celebrating Obama’s leadership. Here’s why:
Bust #1: Obama’s Latest “Budget” Is So Vague That It’s Meaningless
THEN: In 2008, Obama Promised To Go Through The Budget “Line By Line, Eliminating Programs That No Longer Work And Making The Ones We Do Need Work Better.”
NOW: CBO Director Douglas Elmendorf Says Obama’s Latest Budget Is Too Vague To Be Scored.
REP. PAUL RYAN: “The president gave a speech on April 13th, where he outlined a new budget framework that claims $4 trillion in deficit reduction over 12 years, have you estimated the budget impact of this framework?
ELMENDORF: No, Mr. Chairman. We don’t estimate speeches. We need much more specificity than was provided in that speech for us to do our analysis.”
Bust #2: Obama Promised To Get Serious About Reducing The Debt, He Hasn’t
THEN: In 2009, President Barack Obama Promised To Get Serious About Reducing Debt And Deficits.
NOW: Since President Obama Took Office, The National Debt Has Increased By $3.7 Trillion, the Total Debt Of The US Government Is $14.3 Trillion Dollars and Obama’s FY 2012 Budget Adds $13 Trillion In New Debt Through 2021.
Bust #3: Obama Promised To Cut The Deficit In Half, He Didn’t
THEN: In February 2009, Obama Said That He Would “Cut The Deficit In Half By The End Of [His] First Term In Office.”
NOW: Obama Has Racked Up Record, Trillion Dollar Deficits.
The Federal Budget Deficit for FY2009 Was $1.42 Trillion, Then The Highest In U.S. History until this year when the deficit is slated to hit $1.65 Trillion.
Editor’s Notes: Thanks to the poor economy, people have had to work harder and longer hours, take on a second or third job, and we feel blessed to have a job at all.
The biggest thing we will be celebrating on July 4th is that we live in the greatest nation in on earth. We can vote out those who do not serve us.
Please spread this information with your friends, as President Obama is NOT serving anyone but the interests of the unions, trial lawyers, Hollywood celebs, Utopian billionaires (George Soros and the like), the NAACP, the NOW gang, the radical environmentalists and the like.
Americans deserve a President who will serve us. Currently, many people are seeking the position. We all have our favorites. In the end, we must unite to defeat Obama and his cronies!
(H/T: NCGOP)







