Posted on 06/10/2009 6:23:53 AM PDT by fiscon1
When I first read this on Politico, I thought it was a joke.
A day after announcing the acceleration of federal spending under his economic stimulus plan, President Barack Obama Tuesday called for binding legislation that would force a return to pay-as-you-go budgeting rules.
The so-called paygo approach would mean the federal government could not launch new tax cut or entitlement programs without finding a way to pay for them with budget cuts or revenue increases.
The president also used his appearance in the White House East Room to tout the administration’s success in allowing 10 federally bailed-out banks to repay $68 billion from the Troubled Asset Relief Fund.
(Excerpt) Read more at theeprovocateur.blogspot.com ...
For being anti Israel he sure has Chutzpah.
C’mon Obama be a Mench.....Give us a tax break huh??
Pay-go = taxes through the roof.
He couldn’t mention it before because then he wouldn’t have got his pork bills passed.
The only silver lining is seeing all the dumb liberals on Wall Street and elsewhere suffer along with the rest of us.
The president also used his appearance in the White House East Room to tout the administration’s success in allowing 10 federally bailed-out banks to repay $68 billion from the Troubled Asset Relief Fund.
'Allowing' to repay?!?
This guy is a certified imbecile.
To compound the problem, his entire administration and all his 'czars' are certified MORONS.
We're freaking doomed.
I don't think our Republic can take four years of him.
Retaking Congress in 2010 is a must, and it better come quick!
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