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Tuesday, February 14, 2012

Obama ‘using budget to pay off political base’

Obama ‘using budget to pay off political base’

Barack Obama today released his proposed 2013 budget to Congress, prompting an immediately accusation that he is using taxpayer funds to pay off his political base as the 2012 election approaches.

According to Reuters, Obama’s plan is to dump $800 million in U.S. taxpayer funds into “Arab Spring” nations, continue the same level of aid at $1.3 billion to Egypt even though it is being swept by radical Muslim Brotherhood agents, and spend billions more in Afghanistan, Pakistan and Iraq, where the U.S. was told to remove its troops.

U.S. Rep. Michele Bachmann, R-Minn., said the plan “only confirms that the president is not committed to helping our country regain its economic stability.”

In a statement about the spending proposal, in which Obama blames President George W. Bush for creating the financial slide in the United States and blames Republicans for not letting him have his way enough, Bachmann said:

“While our national debt is at $15 trillion and counting, and our unemployment rate remains above 8 percent, the only logical step is to make major cuts to our out-of-control spending and get our economy back on track. With his budget, however, the president demonstrates that he is not serious about making those desperately needed cuts.”

She continued, “Instead, he seeks to satisfy his political base during an election year by spending $3.8 trillion in fiscal year 2013, by increasing our nation’s debt by a projected $1.33 trillion, and by raising taxes on America’s job creators.”

She said, “I am also concerned to learn that the president is seeking $800 million in foreign aid to go to Arab Spring nations. We have seen that the Arab Spring is resulting in the rise of political Islam and the advancement of Shariah law. We must stop and consider where our taxpayer funds would actually end up.”

The budget states that the nation was losing 700,000 private sector jobs a month when Obama took office.

Then, the budget declares, ” the willingness of Republicans in Congress to risk the first default in our nation’s history over the statutory debt ceiling and the subsequent downgrade by Standard & Poor’s of the long-term sovereign rating … kept financial markets on edge and appeared to rattle consumer confidence.”

Further, Obama charges, it was the Republicans who were “unwilling” to “ask the wealthiest among us to pay their fair share through any revenue increases.”

He also repeats his commitment to using executive orders and other means to enact his plans. He warned his budget includes “tax reform” that will “raise more than $1.5 trillion.”

U.S. Rep. Jim Jordan, chairman of the Republican Study Committee, said Obama isn’t just “busting the budget.”

The budget never does balance, he pointed out.

“He has busted the liberal myth that huge tax increases on wealthy Americans will put an end to deficits. Even with budget gimmicks and the massive tax hikes liberals have sought for years, his budget never balances. Actually paying for all the spending President Obama wants would require a huge tax increase on middle class families. His budget is a recipe for fewer jobs and a more bloated government,” he said.

“Dumping so much debt on the heads of our children is deeply immoral. Americans have a choice to make. We can choose the Obama road to debt, doubt, and decline, or we can choose the conservative path of less spending, more jobs, and better opportunities for everyone.”

NewsMax reported tax reform activist Grover Norquist said Obama’s plan is chock-full of “imaginary” savings.”

“What the Democrats are practicing here is once again trickle-down taxation,” he told Newsmax.

He said Obama’s promise if he is re-elected this year is that “I’ll drop a $1.5 trillion tax increase on the economy.”

Talk radio show icon Rush Limbaugh described Obama’s ideas as a “fantasy.”

Sen. Marco Rubio, R-Fla., said Obama is on a course of “business as usual” with more spending, more taxes, more debt and the rest. And Sen. Jeff Sessions, R-Ala., told CNS News Obama just can’t resist the temptation to spend more and more money.

On National Public Radio, Scott Horsley reported that rather than being a map for government spending, Obama’s budget “is likely to serve as a political tool in the president’s re-election bid.”

ABC said the budget marks “the fourth straight year that deficit spending exceeds $1 trillion and falls well short of his 2009 promise to ‘cut the deficit we inherited by half by the end of my first term in office.’”

“Running hard just to stay in place,” is how Politico described the spending outline.

“Barack Obama has apparently decided that he is not going to be part of the solution to the nation’s enormous deficit – which would make him, yes, a part of the problem,” the Boston Herald said.

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