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Obama's 2014 budget based on bad math, phantom revenues ...
Daily Mail (UK) ^ | 10 April 2013 | David Martsoko

Posted on 04/10/2013 7:05:58 AM PDT by Lorianne

The Obama administration released an outline of its fiscal 2014 budget to reporters on Tuesday, forbidding its release until 6:00 a.m. Wednesday. The preview promises that President Barack Obama's budget 'reduces the deficit and puts the Nation on a sound fiscal course.'

'Every new initiative in the plan is fully paid for, so they do not add a single dime to the deficit,' the White House pledges.

An initial walk through the budget proposals, however, suggests that Republicans in Congress will need some convincing.

The budget will hit congressional offices less than 24 hours after the government's top watchdog agency declared that nearly $100 billion was wasted last year in duplicative and overlapping programs stretching into every corner of the Washington bureaucracy.

The star attraction of Tuesday's Capitol Hill hearing on the subject was the tale of three separate government agencies that spend money inspecting catfish, and the annual waste of $14 million that goes along with it.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Government
KEYWORDS: pork
Daily mail titles always to long to post in full. Here is the full headline:

Early analysis: Obama's 2014 budget numbers are based on bad math, phantom revenues, imagined spending cuts and a middle-class tax hike

1 posted on 04/10/2013 7:05:58 AM PDT by Lorianne
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To: Lorianne

Sort of like Paul Ryan’s budget.


2 posted on 04/10/2013 7:08:04 AM PDT by E. Pluribus Unum ("Somebody has to be courageous enough to stand up to the bullies." --Dr. Ben Carson)
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To: Lorianne

Ah, newspapers from outside the country - reporting the news that the NYT tries to bury.

Obama and his White House Clown Show are slime.

Pure slime.

Unadulterated slime.

The definition of slime.

And I really, really hope that some day that all are treated as such.


3 posted on 04/10/2013 7:15:14 AM PDT by Da Coyote
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To: Lorianne
Plus he thinks that anyone smart enough to accumulated over $3 million in retirement accounts is just going to leave them there until BO's goons come to confiscate them.

Even if they succeed, it will run the government for a whopping eight hours or so at the rate BO spends money.

4 posted on 04/10/2013 7:15:17 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Lorianne
Obama’s “dine and dash” budget is designed as a jab in the eye to the future of our country.
5 posted on 04/10/2013 7:16:42 AM PDT by oldbrowser (They are marxists, don't call them democrats)
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To: Lorianne

Can you imagine the mess the next idiot elected as president is going to “inherit” from Barry?


6 posted on 04/10/2013 7:22:45 AM PDT by FlingWingFlyer (Dude! Where's my Bill of Rights?)
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To: Lorianne
Title: THE AUDACITY OF LIES
7 posted on 04/10/2013 7:23:20 AM PDT by immadashell
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To: Da Coyote
THE AUDACITY OF SLIME
8 posted on 04/10/2013 7:25:46 AM PDT by immadashell
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To: Lorianne

“WHEN YOUR OUTGO EXCEEDS YOUR INCOME, YOUR UPKEEP WILL BE YOUR DOWNFALL.” (Paul Harvey)


9 posted on 04/10/2013 7:38:36 AM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
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To: Lorianne
"they do not add a single dime to the deficit"

First rule of comedy: every time you're on stage, always use the line gets the biggest laughs.

10 posted on 04/10/2013 7:41:02 AM PDT by jiggyboy (Ten percent of poll respondents are either lying or insane)
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To: Lorianne

We need some undocumented journalists to start reporting the news that Americans won’t.


11 posted on 04/10/2013 9:07:17 AM PDT by douginthearmy
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