Mitch Daniels, thinking like a president

WASHINGTON POST, 2/18/2011 by Michael Gerson (Hat tip: John H. Detweiler) - President Obama's 2012 budget is the numerical embodiment of his State of the Union address - both being systematic distractions from the main, current tasks of governing. His plan includes, according to Yuval Levin, editor of National Affairs, "no entitlement reform, no tax reform, no significant spending reform, indeed no meaningful change of direction of any sort." Read more at the Washington Post... Read More......

Debt Will Surpass Total U.S. Economy

WASHINGTON TIMES - President Obama‘s budget, released Monday, was conceived as a blueprint for future spending, but it also paints the bleakest picture yet of the current fiscal year, which is on track for a record federal deficit and will see the government’s overall debt surpass the size of the total U.S. economy. Read more at the Washington Times... Read More......

USA Today: Budget sets battle over cuts

WASHINGTON — President Obama on Monday unveiled his $3.7 trillion budget plan for 2012 at a middle school in Baltimore, saying his proposals are designed "so that every American is equipped to compete with any worker anywhere in the world." Read more at USA Today...

House Speaker John Boehner, R-Ohio, said in a statement Monday that Obama's budget proposal will "destroy jobs by spending too much, taxing too much and borrowing too much. ∴ The president's budget isn't winning the future, it's spending the future,"he said. Boehner cited a group of 150 American economists who signed a statement sent to the White House on Sunday that said spending needed to be cut to help create a better environment for job creation. ∴ That's why the new House majority will vote this week to cut $100 billion in discretionary spending over the next seven months – with more cuts to come – in contrast to the Obama administration, which has proposed no cuts to the current fiscal year's budget while simultaneously asking for an increase in the national debt limit,"

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