President Obama’s Budget Boasts Tax Hikes & More Failed Stimulus Spending

Posted by Ohio Republican Party on February 13, 2012

The budget crafted by Barack Obama last year was widely panned as a threat to job growth. And based on media reports, it looks like we’re in for more of the same: another budget from the president that is bad for job creation and seniors, and will make the economy worse. There's not enough lipstick to put on this pig, and nowhere near enough gimmicks to hide Barack Obama's failed promises.

Here’s what news reports are saying about the proposal to be unveiled at a “campaign-style” event this morning:

  • No Plan for Jobs, Just More “Short-Term Stimulus-Style Spending”: Instead of a plan for removing barriers to private-sector job growth, Fox News says the president’s budget has “$350 billion in short-term stimulus-style spending…” Associated Press says it is “laden with stimulus-style initiatives” and “small-bore initiatives.”
  • Tax Hikes on Families & Small Businesses “Will Feature Prominently”: “Tax increases will feature prominently in the new budget,” says the Washington Times. AP says it “puts forward $1.5 trillion in new taxes” on families and small businesses.
  • “Four Straight Years of Trillion-Dollar-Plus Deficits”: Associated Press says the president’s budget blueprint “projects a deficit for this year of $1.33 trillion. That would mean four straight years of trillion-dollar-plus deficits” – piling on to our massive debt that is hurting private-sector job creation.
  • “Failed to Meet His Pledge to Cut the Deficit in Half”: “[T]he document’s numbers will show Mr. Obama has failed to meet his pledge to cut the deficit in half by the end of his term,” reports the New York Times.
  • “Repeats Many of His Previous Budget Prescriptions”: The Wall Street Journal says, “Mr. Obama repeats many of his previous budget prescriptions.” The Los Angeles Times says the blueprint “pulls heavily from proposals previously put forward by the president” – proposals that couldn’t even pass the Democratic-controlled Senate, which hasn’t passed a budget in more than 1,000 days.
  • “More a Platform for the President’s Re-Election Campaign”: The New York Times says “the latest budget document can be seen as more a platform for the president’s re-election campaign than a legislative proposal...” The president even plans “to promote the budget at a campaign-style appearance Monday,” says AP.
  • Raids Medicare, Maintains Unpopular ObamaCare Law: The president’s budget “seeks to cut $360 billion from Medicare and Medicaid,” says the Los Angeles Times. And Fox News quotes Budget Committee Chairman Paul Ryan (R-WI) noting while “Medicare is going bankrupt,” President Obama’s “health care law takes the $500 billion from Medicare to spend on ObamaCare.”
  • “Offers Little in the Way of Entitlement Reforms”: According to Fox News, the president’s budget “offers little in the way of entitlement reforms, the biggest driver of the national debt.” The Hill reports President Obama “has so far not outlined a plan that would deal with Medicare’s long-term demographic challenge” and “experts do not expect him to do so…”

Instead of more of the same failed ‘stimulus’-style policies, Speaker John Boehner will lead the House this week in support of a bill that removes government barriers to American energy production to create more than a million new jobs. The bill also cuts red tape that delays improvements to our roads and bridges.

 

GOPOhio twitter facebook flickr ooVoo
GOPOhio twitter facebook flickr ooVoo
Content
No Registration needed
Login

Error: Invalid Username or Password

Reset Your Password

Error: Invalid Email

Forgot Password

Your new password has been sent to your email, please check.

  • John Kasich

    John Kasich

    Governor

    Learn More About John Kasich:

    Led the effort to balance the federal budget for the first time since man walked on the moon & now has a plan to rebuild Ohio's economy.

  • Rob Portman

    Rob Portman

    United States Senator

    Learn More About Rob Portman:

    Expert on budget & trade policy who worked to reform the IRS, enforce trade laws & cut the federal deficit in half.

  • Jon Husted

    Jon Husted

    Secretary of State

    Learn More About Jon Husted:

    Legislative leader who passed the most conservative state budget in 40 years & the largest income tax cut in Ohio history.

  • Dave Yost

    Dave Yost

    Auditor of State

    Learn More About Dave Yost:

    Award-winning county auditor & prosecutor with a record of rooting out government waste & corruption.

  • Mike DeWine

    Mike DeWine

    Attorney General

    Learn More About Mike DeWine:

    Experienced prosecutor who will fight to rebuild our economy, support law enforcement & eliminate government corruption.

  • Josh Mandel

    Josh Mandel

    State Treasurer

    Learn More About Josh Mandel:

    Two-term state legislator & decorated U.S. Marine Intelligence Specialist who served two tours of duty in Iraq.

  • Mary Taylor

    Mary Taylor

    Lieutenant Governor

    Learn More About Mary Taylor:

    A former legislator, current Auditor of State and one of three U.S. delegates appointed to the United Nations Commission on the Status of Women.

Content
GOPOhio twitter facebook flickr linkedin