Gingrich’s Plan Contrast with Obama’s Budget for 2012:
The fourth consecutive trillion dollar deficit, while the highest deficit previously under any other President was less than half a trillion;
Further job-killing tax increases, beyond those he has already enacted into law for next year;
Continued increases in federal spending every year, totaling $3.795 trillion in 2012, an increase of over 27% during his first term alone, up another $193 billion from the last year.
President Obama’s own budget proposes that spending to continue to soar by 2022 to $5.820 trillion, the highest spending in world history. Over the next 10 years, President Obama proposes federal spending totaling $47 trillion… in his own budget!
Projected national debt held by the public to total $11.6 trillion for 2012, double the national debt of $5.8 trillion in 2008!
Consequently, by Election Day 2012, Obama will have doubled the national debt, in just one term of office. In that one term, he will have added as much to the national debt as all prior Presidents, from George Washington to George Bush, combined!
We will know by Newt’s numbers if voters want America, as it was designed to be, to live or die. WeThePeople are at the crossroads and I pray voters don’t let the media/mitt/GOP E sway them towards their babble.