*President Barack Obama sent Congress a $3.73 trillion budget Monday that holds out the prospect of eventually bringing deficits under control through spending cuts and tax increases.
But the fiscal blueprint largely ignores his own deficit commission’s view that the nation is imperiled unless huge entitlement programs like Social Security and Medicare are slashed.
Obama called his new budget one of “tough choices and sacrifices,” but most of those cuts would be held off until after the end of his first term.
Overall, Obama proposed trimming the deficits by $1.1 trillion over a decade. The administration is projecting that the deficit will hit an all-time high of $1.65 trillion this year and then drop sharply to $1.1 trillion in 2012, with an expected improvement in the economy and as reductions in Social Security withholding and business taxes expire.
Obama’s 2012 budget would actually add $8 billion to the projected deficit for that year because the bulk of the savings he would achieve through a freeze in many domestic programs would be devoted to increased spending in areas Obama considers priorities, such as education, clean energy and high-speed rail.
“We have more work to do to live up to our promise by repairing the damage this brutal recession has inflicted on our people,” Obama said.
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“We have more work to do to live up to our promise by repairing the damage this brutal recession has inflicted on our people,” Obama said.
That recession has a lot to do with over ten years, and counting, of wars based on lies.
1. Saddam Hussein had nothing to do with 9/11, but yet we are still spending billions from the invasion and occupation of Iraq.
2. There is still no hard evidence connecting Bin Laden to 9/11. Rex Tomb, Chief of Investigative Publicity for the FBI said, “The reason why 9/11 is not mentioned on Usama Bin Laden’s Most Wanted page is because the FBI has no hard evidence connecting Bin Laden to 9/11.”
3. And even if there is an argument to be made against Bin Laden and his Al-Qaeda organization for threats made against the USA, “U.S. intelligence officials have concluded there are only about 100 al Qaeda fighters in the entire country.” And they are not even sure if Bin Laden is not dead and they are not just using a double to issue his threats.
So why do we have 100,000 troops deployed in Afghanistan?
Oh, the Taliban?!
4. As for the Taliban, Bush and Obama claim that we have to fight them over there so we won’t have to fight them here, but surveys show that over 92% of the Taliban have never heard of 9/11. So how can they be held responsible for something that they have never even heard of?
Obama choose to continue spending over $200 billion a year on these illegitimate wars just to pander to the right and neo-cons, while ignoring his base and allowing poor people to suffer.
Well, he may be about to lose his base.
If Ron Paul gets the nomination, and can assure voters that he’s not going to go in there cutting social programs, education or fucking with social security as part of his limited government, a lot of folks are going to consider voting for him. The country and the poor could end up with a much better deal than another term under Obama.
Remember when, people use to say, what will you be doing in 5 or 10 years? There seems to be a correction at hand. It’s about the big numbers and signed letters, with the government seal of approval. Meaning numbers is scripture, and letters make the word.
What is this poorly written article talking about? The headline is inaccurate. Obama is avoiding cuts to Social Security.
Yes a commission has recommended social security cuts but it’s not in Obama’s budget proposal and he’s not on board yet.
Obama anti-poor anti-education budget cuts:
$300 million from Development grants that provide affordable housing.
$2.5 billion from low income home energy assist program (cut in half).
$400 billion in 5 year domestic spending freeze.
$211 million (81%) from the Agriculture Department’s single-family home loan program.
The elimination of federal funding for summer school programs and an interest subsidy for graduate students.
Congressional Black Caucus Chairman Emanuel Cleaver:
“Rebuilding our economy on the backs of the most vulnerable Americans is something that I simply cannot accept.”
Rep. Jesse Jackson, a Democrat from Chicago said the president’s budget proposal is “right from the Republican plan.” He likened the spending plan something that Ronald Reagan would’ve put out. “As the president, he should be the last line of defense for the most vulnerable Americans, instead of the first one to cut.”
Rep. Raúl M. Grijalva released the following statement on Obama’s fiscal year 2012 budget proposal:
“Rather than slashing LIHEAP and community grants, which didn’t cause this recession and generate more in economic activity than they cost, we have to look at the kinds of structural decisions that we’ve put off for too long. Reining in our military expenditures cannot wait forever.”
The Progressive Change Campaign Committee:
“Every proposed cut to necessary programs like Pell Grants and heating for low-income seniors needs to be judged in the context of the unnecessary tax cuts for Wall Street millionaires that passed at the end of last year. Proposing even more tax breaks for Wall Street banks while slashing and burning necessary government programs is right-wing radicalism, and no Democratic president should be part of it.”
As Glenn Ford wondered, “After two years, one would think that folks on the Left would have gotten the idea that Obama is pro-Pentagon, pro-Wall Street, and doesn’t have a transformative bone in his body regarding either race or class.”