Posted by: Scott Lee | February 2, 2010


in full, federal borrowing will top $18 trillion by 2020. Over the period 2011 to 2020, the president’s plan is to run deficits totaling an astounding $8.5 adoptedAnd even that wouldn’t be the end of it. If the Obama budget

borrow $4.4 trillion set to reach nearly $1.6 trillion, a record. And that would come on top of a $1.4-trillion deficit in 2009 and before another $1.3-trillion deficit in 2011. Between 1789 and 2008, the U.S. government borrowed a total of $5.8 trillion. But in just the first three years of the Obama administration, the government is expectedAccording to the president’s budget, released yesterday, the federal deficit for 2010

Obviously, we aren’t paying enough in taxes.  I call for an immediate tax increase on those making 100,000 or more!  Secondly, I would recommend that we have 100% tax of all income over $250,000.   Let’s be honest, no one needs more than $250,000 a year. 

This is the only fiscally responsibility thing to do-we must get control of this budget and the government has to have the money.  Let’s call it “shared sacrifice” or “it takes a village”, but we must come together and make sure we don’t have to suffer through draconian cuts!  I know it will be tough, but just think of all those benefits that we get from federal government and those “created” jobs!

Is so easy and gutless being a liberal…..but it kind of felt good!


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