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Wednesday, April 10, 2013

What else is expected from an economic dunce? Obama 2014 budget analysis: Numbers based on imagined spending cuts and a middle-class tax hike

Pure Obamunism to reflect his complete economic ignorance or or a desire to "devolve down America with other poor nations" or both.
The government, and especially Obama, are wasteful, burdensome parasites who need deep cutting back and starvation by keeping them away from our funds! m/r

Obama 2014 budget analysis: Numbers based on imagined spending cuts and a middle-class tax hike | Mail Online



  • White House promises $1.8 trillion in deficit reduction, although similar previous claims have been debunked

  • New method of measuring cost-of-living increases will lower benefit payouts and push middle-class earners into higher tax brackets

  • Speaker Boehner's spokesperson: 'Any deficit reduction will come exclusively from tax hikes'

  • Administration's formula depends on cost savings from Obamacare, which may be more costly to implement than previously thought

  • .....

  • The budget will hit congressional offices less than 24 hours after the government's top watchdog agency declared that nearly $100 billion was wasted last year in duplicative and overlapping programs stretching into every corner of the Washington bureaucracy.



  • The star attraction of Tuesday's Capitol Hill hearing on the subject was the tale of three separate government agencies that spend money inspecting catfish, and the annual waste of $14 million that goes along with it.
    ......

    Read more: http://www.dailymail.co.uk/news/article-2306688/Obama-2014-budget-analysis-Numbers-based-imagined-spending-cuts-middle-class-tax-hike.html#ixzz2Q4DvYWBl 
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