Obama’s budget is out. It raises tax revenues by adding more taxes. It is reported that the deficit will increase by as much as 7 trillion dollars as a result. (That’s $7,000,000,000,000.00). It defends all the abusive spending of the past two budgets by ignoring the trillions in new spending and debt. It will set records for a third and forth consecutive trillion plus budget with record setting deficits.
Democrats will praise it.
Enough said?
