| Submit your comments on this article |
| Economy |
| Text of Obama's Budget Speech |
| 2011-04-13 |
| Here's what you need to know: Bush did it. Every single cut proposed by Paul Ryan amounts to stealing food from a starving child. Rethuglicans are evil. More defense cuts -- rocks are perfectly adequate weapons. We can have it all if we tax the rich except for the ones who make large campaign contributions to Bambi. Any questions? |
| Posted by:Matt |
| #6 Henry Fonda remembers K-A-YDET RYAN. * ION CHINESE MILITARY FORUM > [US TreaSec] GEITHNER: US WILL HIT DEBT LIMIT BY MAY 16. POTUS BAMMER + GOP-DEM Congresscritters M-U-S-T raise the DEBT CEILING NLT 05/16th/2011 as Geithner = US Treasury Dept. may only be able to forestall de facto US DEBT DEFAULT widout change to the curr Debt Ceiling until JULY 8th, 2011. IIUC ARTIC = after July 8th of this year, US DEFAULT WILL BE CERTAIN + UN-PREVENTABLE. * PEOPLE'S DAILY FORUM > IMF SAYS WORLD GROWTH NOT ENOUGH TO CREATE JOBS. * TOPIX > IMF: US HAS THE BIGGEST DEFICITS AMONG MAJOR WORLD ECONOMIES. |
| Posted by: JosephMendiola 2011-04-13 22:43 |
| #5 I thought the call for defense cuts was especially rich coming from a guy who just started a war. But maybe it's a little tiny war that we'll fight with little tiny weapons. |
| Posted by: Matt 2011-04-13 20:23 |
| #4 Then, as the Baby Boomers start to retire and health care costs continue to rise, the situation will get even worse. By 2025, the amount of taxes we currently pay will only be enough to finance our health care programs, Social Security, and the interest we owe on our debt. The Liar in Chief takes us all for stupid. Karl Denninger: Social Security, Medicare, Medicaid, Welfare and Unemployment consume 100% of tax revenue right now. |
| Posted by: Anguper Hupomosing9418 2011-04-13 20:13 |
| #3 NPR quoted one Republican as saying afterward, "For this we skipped lunch?!?" |
| Posted by: trailing wife 2011-04-13 19:28 |
| #2 I think I could make a lot of money printing this speech on toilet paper and selling it door to door. |
| Posted by: Bill Clinton 2011-04-13 18:33 |
| #1 Paul Ryan's reaction  “When the President reached out to ask us to attend his speech, we were expecting an olive branch. Instead, his speech was excessively partisan, dramatically inaccurate, and hopelessly inadequate to address our fiscal crisis. What we heard today was not fiscal leadership from our commander-in-chief; we heard a political broadside from our campaigner-in-chief. “Last year, in the absence of a serious budget, the President created a Fiscal Commission. He then ignored its recommendations and omitted any of its major proposals from his budget, and now he wants to delegate leadership to yet another commission to solve a problem he refuses to confront. “We need leadership, not a doubling down on the politics of the past. By failing to seriously confront the most predictable economic crisis in our history, this President’s policies are committing our children to a diminished future. We are looking for bipartisan solutions, not partisan rhetoric. When the President is ready to get serious about confronting this challenge, we'll be here.” |
| Posted by: Beavis 2011-04-13 18:19 |