Tuesday, February 15, 2011

What they're saying about Obama's budget

Oh my, it appears Obama has laid an egg with his budget proposal.

The office US Rep. Peter Roskam (R-IL) serves up the omelet:

The President’s Leadership Deficit:

“He whiffed…” USA Today

“Gutless…Far worse than merely bad.” IBD

“Obama's budget shies away from tough choices… In a crucial way, it lacks honesty.” San Francisco Chronicle

“[Obama]Turned away on leading the nation back from an impending fiscal nightmare.Dallas Morning News

What Mr. Obama’s budget is most definitely not is a blueprint for dealing with the real long-term problems that feed the budget deficit…” New York Times

"The larger problem with the budget is the administration's refusal to confront the hard choices that Mr. Obama is so fond of saying must be faced." The Washington Post

“The American people also want a President to lead, and this budget is so transparently cynical it may help Republicans make their case that if they don't lead, no one will.” Wall Street Journal

Increases Taxes By $1.6 Trillion, More Spending, Debt:

“Obama budget resurrects rejected tax increases.” Associated Press

“[Obama] raises taxes by $1.6 trillion over the coming decade…” Associated Press

"The administration says it will reach $15.476 trillion by Sept. 30, the end of the fiscal year, to reach 102.6 percent of Gross Domestic Product (GDP) -- the first time since World War II that dubious figure has been reached." The Washington Times

disappointed the Obama administration has decided to double down on the status quo… continues to act as if government spending is the way to prosperity.” Denver Post

Leading Democrats Say Budget Falls Far Short – “Focusing On the Politics of the Problem and Not the Problem:”

“[The budget goes] nowhere near where they will have to go to resolve our fiscal nightmare.”Erskine Bowles, Former Clinton White House Chief of Staff and President Obama’s Fiscal Commission Co-Chair

“[Obama] is focusing on the politics of the problem and not the problem…If you address only the politics of the problem, the problem doesn't go away. There's a real world out there. There is a bond market out there. And there are people who vote, including a lot of people in the middle of the political spectrum, who care about the issue of long-term fiscal sustainability." – William Galston, Former Domestic Policy Advisor , Clinton White House
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