Wednesday, April 01, 2009

Sen. Judd Gregg: "A budget to beggar us"

Sen Judd Gregg (R-NH) was for a brief moment Commerce Secretary designate in the Barack Obama administration. When he found out that the Obama were out-of-control spendthrifts--and that the White House wanted to take away the 2010 census from Commerce, he bailed.

Readers should pay close attention to what the man from the Granite State has to say. He calls it Obama fiscal plan a "Budget to beggar us."

But don't be fooled when the president says the economy he inherited is the reason that future deficits and debt skyrocket.

The president's budget makes clear that a huge expansion of government is not just about today's economic downturn. Once the recession is behind us, this budget will continue pushing for more and more government in our everyday lives.

Instead of tightening Uncle Sam's belt the way so many American families are cutting back these days, the president's proposal spends so aggressively that it essentially adds $1 trillion to the debt, on average, every year.

Except for some accounting gimmicks, the budget makes no attempt to cut wasteful spending or find savings. It ignores reform for major entitlement programs such as Medicare and Social Security, which are on track to cost us $67 trillion more than we have over the next 75 years.

As I noted in the previous post, House Republicans have a different plan for our nation.

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