New Budget Proves Democrats are Keynesians-they won’t achieve fiscal responsibility

The Budget that Obama has sent to Congress which will no doubt get resonding approval and pass as easy as pie, is about three and a half trillion dollars. That’s on top of nearly a trillion dollars in stimulus. That is, altogether, twice the previous budget (if I’m reading the CBO’s charts correctly). There simply is no way to pay for that. Even raising taxes on the highest income brackets to insanely high levels won’t cut. So, fiscal responsibility is definitely on hold until past the expiration date of Obama’s promise to achieve it.

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