\u201cI\u2019m not going to accept a budget that locks in sequestration going forward,\u201d the president said. \u201cIt would be bad for our security and bad for our growth. I will not accept a budget that severs the vital link between our national security and our economic security.\u201d<\/p>\n
His plans include some tax increases he has tried before, such as a \u201cBuffet tax\u201d to impose a mandatory minimum levy on the wealthy, as well as hikes on repatriation of foreign income and capital gains. His spending proposals, likewise, are a mix of new and old.<\/p><\/blockquote>\n
So, I guess he’s given up any pretense of balancing the budget, and of course, the new taxes on the rich (Bill Clinton decided that I was one of the rich in the 90s so who knows where tax increases will end) won’t be matched by cuts in social spending. Like I predicted in 2008, before the election, the only budget balancing was on the backs of veterans and at the expense of our national security.<\/p>\n
You would think that now that the President has declared the end of our economic crisis (like he declared the end of the Iraq and Afghanistan Wars), veterans wouldn’t be in the crosshairs of the budget-slashing crowd, but, no, the new budget plan includes increases to our healthcare costs (even though they already raided our Tricare premium surplus). So, I guess veterans and military retirees are among “the rich” who will have to shoulder the burden of his plan to increase spending.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Washington Times reports that the president, sending his nearly $4 trillion budget to Congress, has … Obama: Time to begin spending again<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":58040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-58039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-barack-obama"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/58039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58039"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/58039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/media\/58040"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"obama-pinkie\"](\"https:\/\/www.azuse.cloud\/wp-content\/uploads\/2015\/02\/obama-pinkie-300x175.jpg\")
<\/a><\/center><\/p>\n