$47 Trillion In Ten Years, 2012 Campaign, Axelrod, deficits, Democrats, evil administration, failed budget, Jack Lew, lies, Michelle Malkin, National Debt, Obama budget, politics, projection, Senate Majority Leader, senate republicans, Spends Too Much
By Michelle Malkin • February 13, 2012 10:57 AM
Ow. Phew. Let me catch my breath. I just heard about the launch of the Obama administration’s new “Truth Team.”
(Which is, in truth, the same thing as Attack Watch and all the other Obama snitch brigades created over the past three years.)
[Wiping tear from eye.]
Yes, the “Truth Team” is here to correct all the lies about the budget process. Michael Czin of Obama for America tweets that the new squad will “help communicate a positive message about the President’s record of keeping his word.”
David Axelrod adds: “When the truth and facts are under assault, this will be a helpful tool to set things straight.”
“You can’t pass a budget in the Senate of the United States without 60 votes and you can’t get 60 votes without bipartisan support,” Lew said. “So unless… unless Republicans are willing to work with Democrats in the Senate, [Majority Leader] Harry Reid is not going to be able to get a budget passed.”
That’s not accurate. Budgets only require 51 Senate votes for passage, as Lew — former director of the Office of Management and Budget — surely must know.
White House officials did not dispute that Lew misspoke. When asked about the discrepancy, a White House official said “the chief of staff was clearly referencing the general gridlock in Congress that makes accomplishing even the most basic tasks nearly impossible given the Senate Republicans’ insistence on blocking an up or down vote on nearly every issue.”
This wasn’t just a one-off “mistake.” Lew repeated the same false talking points on another show:
Newly-named White House Chief of Staff Jack Lew was not only recently budget director for President Obama; he was also the budget director for former President Bill Clinton. So when he speaks about the budget process, you would think he speaks with authority.
That’s why his comment on CNN jumped out at us. He also said something similar on NBC’s “Meet the Press,” when asked about the number of days since Senate Democrats passed a budget plan. (1,019). Lew’s response: “One of the things about the United States Senate that I think the American people have realized is that it takes 60, not 50, votes to pass something.”
Pants, shirt, coat, and head to toe on raging fire! These people will do anything — anything — to spread the fraudulent narrative of GOP obstructionism.
Senate GOP communications advisor Ryan Wrasse tweets that the White House “released their FY ’13 budget earlier this morning, but has “no opinion” on whether or not the #Senate should pass it.”
Heritage Foundation’s Rory Cooper sums up the audacity: “Same White House that deliberately said it takes 60 votes to pass budget yesterday launches #TruthTeam today. Unbelievable.”
The Obama budget will be available here after 11:15am EST.
GOP Rep. Paul Ryan on Obama Budget Fail: “An unserious budget w/ serious consequences.”
The President has not merely ducked from our fiscal and economic challenges, but—with his fourth straight budget flop—he has advanced policies that dangerously accelerate the crisis before us. His gimmick-filled budget fails to reduce the fast-rising debt, permanently entrenches unsustainable levels of government spending, and erects new barriers to upward mobility. His plan stifles economic growth, threatens the health and retirement security of millions of Americans, and commits the next generation to a diminished future.
Spends Too Much: $47 Trillion In Ten Years — A Net Increase Over Current Projections
After four straight years of trillion-dollar-plus deficits (breaking his promise to cut the deficit in half), President Obama’s budget worsens our fiscal crisis and speeds the country to bankruptcy. Three years after the passage of the President’s trillion-dollar spending stimulus, this gimmick-filled budget calls for more wasteful spending taken from workers’ paychecks or borrowed from abroad. The massive spending increases are greater than the few proposed spending reductions.
Spending in FY13: $3.8 trillion
Spending in FY22: $5.8 trillion
Increased spending concealed through gimmicks: $1.5 trillion
Total government spending over the next ten years: $47 trillion
Taxes Too Much: $1.9 Trillion In New Taxes
The President’s budget imposes a heavy cost for its commitment to intrusive government—diminishing economic opportunity by imposing the largest tax hike in history. Taking trillions more tax dollars from hardworking American families will further depress wages and destroy jobs at a time when millions of Americans remain out of work. In total, this budget imposes $1.9 trillion in new taxes on families, small businesses, and job creators—all to fund wasteful Washington spending.
Income tax hike: $1.4 trillion Death tax hike: $143 billion Other tax increases: $340 billion
Borrows Too Much: $11 Trillion Added To The Debt
Under President Obama’s watch, the federal government’s total debt has surpassed the size of the economy—undermining job creation today and threatening a debt crisis tomorrow. The President’s budget ignores the drivers of our debt, bringing America perilously close to a European-style crisis:
Deficit in FY12: $1.3 trillion Deficit in FY13: $901 billion Deficit in FY22: $704 billion
Gross debt accumulated during President’s first term: $6.4 trillion
Gross debt at the end of FY22: $25.9 trillion
Annual interest payments on the debt by FY22: nearly $1 trillion
@StewSays tweets: “President Obama’s #budget: Deficits Built to Last.”