Monday, February 13, 2012

President Obama’s Budget: What to Watch For

Patrick Louis Knudsen  "If his budget for fiscal year (FY) 2013 is to be a credible policy document—not just a public relations pitch—it should:

  • Show specific proposals for reforming entitlements and reducing other spending not just for the next 10 years but over the long term as well;
  • Prevent the devastating cuts in defense that are looming because of the debt-reduction Budget Control Act;
  • Offer permanent solutions to the large spending and tax policies that keep vexing lawmakers and the public; and
  • Reject phony budget savings and other gimmicks.
http://rc.runryder.com/helicopter/t664418p1/
Rick Moran: The case for WH incompetence, Episode XXIV  "To sum up: Jack Lew is unaware of how a budget is passed by congress despite his being a former head of the Office of Management and Budget. Jack Lew was OMB director over much of the last 1000+ days that Senate Democrats have failed to submit a budget.

"Jack Lew is a poster boy for White House mismanagement and incompetence."

It’s Not Personal: Why We Resist Obama’s Power Grabs   "The constitutional presidency holds a few specific powers — he’s commander in chief of the military, he can make treaties and appoint various officials and judges with the advice and consent of the Senate, he can make short-term appointments when the Senate is in recess (a provision designed for an age of travel by horseback, and long Senate recesses), he recommends legislation to the Congress and he can veto bills. But beyond that, his main job is to ensure that the law is carried out, not to create law. When not at war, the presidency is a modest job, at least according to the Constitution."


Beltway Confidential: Obama blows last chance to offer serious budget  "But he never presented a tangible plan that could be scored by the CBO and evaluated next to Rep. Paul Ryan’s plan to reform entitlements and put the nation on a sustainable fiscal course. He had his chance with this budget. Instead, Obama decided to forgo tough choices so he could attack Republicans during an election year."

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