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Obama Pushes His Budget Plan

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Posted on Feb 28, 2009
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In his weekly address, President Barack Obama makes the case for his proposed budget scheme, arguing that while it might rankle the likes of Washington lobbyists, it will deliver on the promises he made during his campaign. “ ... I came to provide the sweeping change that this country demanded when it went to the polls in November,” he says in the address. But will his grand plan deliver?

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By JFoster2k, March 3, 2009 at 2:13 pm Link to this comment

I suppose “Change” could have meant we curtail spending on Education, Health Care, Green Energy, the Military, Infrastructure, etc. and I see the lure of cutting back. Why is it the general public encouraged to live within their means, but the government doesn’t have to? The real issue is not how much we spend, it’s how we spend it.

The Recovery and Reinvestment Act, while enormously expensive, is designed to set us up for future economic growth and prosperity. It’s like taking out a loan to open a new business or retool a factory. If the business plan is sound and the money well spent, it will pay for itself in the end.

Already this week thousands of new jobs are getting started and the number will increase in the months to come. These projects, if administered wisely, will better prepare the nation for the challenges of the next decade and beyond.

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By cyrena, March 1, 2009 at 9:09 pm Link to this comment

From Mike Madden at Salon

This is not George Bush’s budget

Budgets are about priorities, not numbers, and President Obama’s first budget marks a sea change from the past eight years.
By Mike Madden
Feb. 27, 2009 |

“Elections have consequences” is one of those political clichés that gets thrown around a lot in this city, especially in the first few months of a new administration. But
President Obama’s $3.5 trillion budget proposal, released Thursday, actually reminds you that clichés become clichés for a reason: They’re true.

The 142page proposal laid out a sweeping, ambitious agenda for the future: Obama would raise taxes on the wealthy to pay for healthcare for the uninsured? cap pollution emissions? put billions more dollars into infrastructure and new technology, building on the money in the massive economic stimulus program Obama already pushed through Congress? invest in new education programs? and roll back the U.S. troop presence in Iraq and, more slowly, Afghanistan. There were proposals to save money by modernizing the healthcare system, only paying for treatments that are proven to work, and by eliminating federal farm subsidies to the biggest and wealthiest recipients, mostly agribusiness interests. This is not, in other words, George W. Bush’s budget.

http://www.salon.com/news/feature/2009/02/27/obama_budget/index.html

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By Steve, March 1, 2009 at 7:45 pm Link to this comment
(Unregistered commenter)

Obama is going to spend the country into a sea of debt our children will never get out of. This is not what I voted for.

We are finding he is more radical than what he led us on to believe. For instance, in 100 days he has spent almost a trillion dollars. A trillion dollars his own CBO says is going to stunt the growth of the economy.

I recall him saying something about a scalpel. I recall him promising to get rid of earmarks. Now, his is proposing to sign more bills completely filled with pork. To the tune of BILLIONS.

Obama is turning into someone not to be trusted. He is saying one thing and then doing another—almost reminiscant of cold war Russia. His propaganda would be fitting that of a Soviet State.

Disgusting!

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