Friday, April 12, 2013

Krauthammer; The Obama budget and the appearance of reform

Charles Krauthammer  "The cards laid down by the White House are quite unimpressive. The 2014 budget is tax-and-spend as usual. The actual deficit reduction over a decade is a minuscule $0.6 trillion — out of a total spending of $46.5 trillion. And every penny of this tiny reduction comes from tax hikes. Nothing from spending cuts, which all end up getting spent elsewhere.
Moreover, where’s the compromise? The Obama budget calls for not only more spending than the GOP’s, but more than the Democratic Senate’s as well."

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