President Obama rolled out his budget for next year with more of the same: More Taxes, More Spending and another $1.3 Trillion added to the deficit. Thank God It's DOA! Call it slight- of- hand,voodoo economics, pulling the wool over the taxpayers eyes...it's a scam.
Conservative tax reform activist Grover Norquist told Newsmax it's “trickle-down taxation.....they promise to tax only rich people and then it trickles down to everyone.”
The Republican National Committee (RNC) denounced the budget saying, “President Obama promised to cut the deficit in half by the end of his first term but instead ran up trillion dollar deficits every year he’s been in office. His budget for next year is more of the same. It’s full of more spending and more tax increases that have put this country deeper into debt.”
And, House Budget Committee Chairman, Paul Ryan, said in a statement, "The broken promises and recycled gimmicks contained in this budget have dramatically widened this president's growing credibility deficit."
Tim Phillips, Americans for Prosperity President said, “President Obama didn't bother to address the skyrocketing national debt and out of control spending during his State of the Union speech, and now we know why. Like his last budget proposal that was unanimously rejected even by Harry Reid's Senate, this budget is not serious, does not address the fiscal crisis we face, and does nothing to put the country on the path to growth and prosperity."
Phillips concluded, "President Obama thinks you can tax your way to prosperity and spend your way out of debt, but the real world doesn't work like that."
Thank God This budget is DOA!
(Thanks to Paul Scicchitano of Newsmax and Fox news for their reporting and contributions)
Read more on Newsmax.com: Norquist: Obama's Budget Is 'Trickle-Down Taxation'
Read more: http://www.foxnews.com/politics/2012/02/13/obama-defends-tax-hikes-proposes-more-job-training-in-new-budget/#ixzz1mK2Rbv5F
Read more on Newsmax.com: RNC Denounces Obama's New Budget Plan
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