Posted by
Ron Devito on Monday, February 14, 2011 10:40:42 PM
Governor Palin today posted on
Facebook:
Today the White House finally produced its proposal for the 2012
budget. Beware of the left’s attempt to sell this as “getting tough on
the deficit,” because as an analysis
from Americans for Tax Reform shows, the White House’s plans are more
about raising taxes and growing more government than reducing budget
shortfalls.
The fine print reveals a White House proposal to increase taxes by at
least $1.5 trillion over the next decade. If you want to know how
minuscule their proposed $775 million-a-year budget “cuts” really are,
please look at this chart. The proposed cuts are so insignificant – less than 1/10 of 1% of this year’s $1.65 trillion budget deficit – that they are essentially invisible on the pie chart. That speaks volumes about today’s budget.
- Sarah Palin
UPDATE: As J.D. Foster of the Heritage Foundation points out:
“...the President proposes a budget that keeps the federal government
on a thoroughly irresponsible and unsustainable course.” Please read
the Heritage Foundation article and understand the $775 million in
proposed cuts noted above are what the White House’s budget director
Jacob Lew identified as reflecting what they perceive as some “tough
calls.” Yet, as noted, they are a drop in the bucket; and the White
House’s total proposed cuts for this year are still not at all enough
to make us solvent.
Retrieved from: http://www.facebook.com/note.php?note_id=10150091193588435.