Paying For The President's Prerogative
President Obama insists that America’s federal government does not have a spending problem. Lets consider the evidence that proves the President is seriously wrong. A brand new report today from the non partisan congressional budget office says America will have a deficit of more than a trillion dollars this year. That’s a thousand billion dollars. And that comes after the President got his 80 billion dollars in new taxes on the rich…and after he bragged about cutting his budget…and after social security payroll taxes went up 160 billion dollars this year on middle class taxpayers. After all of that…tax hikes and budget cuts, America is just as far into the red as it was last year. And the four years before that. and the President has told house speaker John Boehner…we don’t have a spending problem. Barack Obama is whistling past the future fiscal graveyard of the world economic superpower known as the United States of America. And we’re all going to pay the price.
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