Sponsored Content
« Obama's Got a Great Idea: He's Just Gonna Slap a One-Time Tax of 14% of the Two Trillion Dollars Owned by American Companies But Held in Foreign Countries | Main | NRO: The Mike Lee/Marco Rubio Tax Plan Jacks Taxes Up In Order to Bribe Families With Large Child Tax Credits »
February 02, 2015

Obama Submits $4 Trillion Budget, Says He "Won't Accept" Budget That Doesn't Raise Spending

This f*cking guy.

President Obama said Monday he will reject any budget from Congress that doesn’t boost spending on both defense and his own domestic priorities, saying the spending "sequesters" need to go.

"America can’t afford being short-sighted and I’m not going to allow it," the president said while speaking at the Homeland Security Department as he released his $4 trillion budget for fiscal 2016.


His budget calls for boosting discretionary spending by more than 6 percent, and raising taxes to pay for it.

The Wall Street Journal's news division, which is every bit as progressive as the New York Times, claims Obama's huge budget and increased taxes will, get this, "boost the middle class."

Yup. Just like his taxes on 529 educational funds.

WASHINGTON--President Barack Obama proposed a nearly $4 trillion budget package Monday aimed at improving the nation's infrastructure and boosting middle-class Americans, but with a cost of tax increases on businesses and the wealthy as well as an end to existing spending caps.

The budget, much of which Mr. Obama has detailed over the past month, makes a case for easing Washington's emphasis on deficit-reduction measures, given the strengthening economy. It makes no new effort to fix the swelling costs of Social Security and Medicare.

In a message to Congress that accompanied the budget release, Mr. Obama said his proposals were "practical, not partisan."

The proposed budget calls for $3.99 trillion in spending and $3.53 trillion in revenue, while running a $474 billion deficit in the fiscal year beginning Oct. 1.

The 2,000-page plan calls for an end to the automatic, across-the-board spending cuts that both parties agreed to four years ago, dismissing them as "mindless austerity" brought about through "manufactured crises."

The nation has changed. Ten years ago, a president proposing even higher spending after running up the debt to $18 trillion would be run out on a rail. Now many of our countrymen think this just might be a swell idea.

Note that Obama may feel emboldened by the success of the extreme left-wing winning on an anti-austerity, tax-and-spend platform in left-wing Greece.


digg this
posted by Ace at 01:58 PM

| Access Comments




Recent Comments
Dr. Bone: "Lay a 24" square or round scrap chunk of SST expan ..."

CrotchetyOldJarhead : "Excavate an area about 2 1/2 ft in diameter and ab ..."

Skip : "Never had shrimp, maybe after that bottle of 115 p ..."

Additional Blond Agent, STEM Guy[/i]: "[i]The proper term is "to render" Rosie Posted by ..."

Duke Lowell : "Grilling is almost always the best, or at least on ..."

Skip : "JT I told ya FOOD FIGHT UPSTAIRS ..."

Way, Way Downriver [/i]: "@97 You should have another burner the same size. ..."

Skip : "Food fight ..."

Skip : "But food thread is coming, I might miss something ..."

Yudhishthira's Dice: "Posted by: Krebs v Carnot: Epic Battle of the Cycl ..."

AZ deplorable moron: " I don't care about pretty...I want stable, with ..."

CharlieBrown'sDildo: "[i]Posted by: CrotchetyOldJarhead at June 04, 2023 ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64