Tuesday, March 12, 2013

Socialists Have No Plan To Balance The Budget

President Obama and his Socialist pals in Congress have NO PLAN to stop borrowing, balance the Federal Budget and pay off our $17 Trillion National Debt EVER.  For the first time in four years, the US Senate may actually enact a budget, which remains to be seen.    Socialists are talking about cutting spending, over ten years, by about a Trillion dollars and raising taxes by another Trillion dollars, even after getting $1.6 Trillion in new taxes in the Fiscal Cliff Deal and ObamaCare.  Even if enacted, which will not occur, the National Debt will grow by another $10 Trillion, or more if the current Obama trajectory is allowed to continue.   Unless spending is brought under control, we will experience the economic collapse of the United States after Obama is gone. 

Republican Congressman Paul Ryan is proposing a common sense budget that will balance the federal budget and pay off our National Debt in ten years by reforming Entitlements and the Tax Code and cutting around $5 Trillion, out of the $46 Trillion that will otherwise be borrowed and spent.  Even so, government spending will go up about 3.5% each year in the next ten years, rather than Obama's 5%, which is unsustainable.  

Of course, Socialist attack dogs are already attacking Paul Ryan even though they have no plan of their own.   Remember, Socialists will lie, cheat, borrow, or steal to stay in office by taking care of their PEEP's to buy votes.   It is what it is.   Obama was recently asked if he had any plan to balance the budget and pay off the National Debt.  Obama said, NO.   At least Obama was honest about his reckless, irresponsible plan for America, which does not happen to often.   

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