Posted on 03/24/2010 7:32:56 PM PDT by Shellybenoit
The Congressional Budget Office has revised its scoring of the 2011 budget submitted by President Obama. This version is very similar to the one released earlier this month, with some minor adjustments.
This projection should serve as a warning that the United States faces real economic trouble. Based on their numbers the United States will be running an annual deficit of approximately $975 Billion Dollars/Year. This doesn't even include Obamacare which according to a new Republican projection will add another $64 Billion/year to the deficit.
To put that into perspective, during the heavy spending Bush years the highest deficit was $459 billion dollars. Once Barack Obama became President, and was able to get his hands on the second half of the 2009 budget, deficits started exceeding the trillion dollar level. Obama's budget above makes the trillion dollar figure seem common place.
CBO’s analysis indicates that if the President’s proposals were enacted:
(Excerpt) Read more at yidwithlid.blogspot.com ...
It need not be.
Socialists are putting us in a win-win for them.
If we allow them to destroy the country, they win.
If we don’t, the country is destroyed and they win, too.
Get your heads on straight from here on out. There is no ‘free time’ anymore. Be productive. Be creative. Be a good boy scout.
Obama does not care..spend, spend, spend is his mantra!
“This projection should serve as a warning that the United States faces real economic trouble.”
Ya Think?
Start by repealing the rest of the stimulus.
Start by repealing the rest of the stimulus.
Those idiots who want to use Bush as an example need to get their heads out of their butts and read this.
What I find most troubling is that the evidence has been plainly before our eyes since this socialist started his campaign that his goal was to bring the US to its knees to advance his mad march to marxism. 0bama never hid it, and he never shied away from it.
And STILL he managed to get elected, despite being ineligible, unprepared, incompetent and duplicitous.
It’s time to take back the country. The 21st century Jimmuh Cahtuh needs a boot back to Chi-town.
This is appalling. But the electorate’s stupidity is even worse. Mr. Franklin was right to caution, “a republic, IF YOU CAN KEEP IT.”
The evidence is increasingly that we cannot.
Game over
Thanks Shellybenoit.
Read recently that the congress just “deemed” the budget to have passed without actually having to vote on it. This allows them to start spending on the 2011 budget without anyone knowing what’s in it and what the numbers are.
The dim party has made it clear that they have no respect for the constitution or this countrys taxpayers.
November 2 might be our next revolution day.
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