George W. Obama Again

clipped from blog.heritage.org How does the Obama budget raise taxes by $1.4 trillion yet still double the national debt? By exploding government spending. Domestic discretionary spend­ing (including stimulus funds) has been hiked over 80 percent over 2008 levels. Even if we set aside the stimulus spending, and take the Obama Administration’s word that all of that spending will be temporary, the expansion of government under Obama’s budget is historic. In 2007, before the recession, Washington spent $24,172 per household. By 2019, the President’s budget would spend $32,463 per household—an inflation-adjusted $8,000 per household expansion of gov­ernment. Summarizing his findings Heritage Foundation Senior Policy Analyst Brian Riedl writes: “President Obama has framed his budget as a break from the “failed policies” of the Bush Admin­istration. Actually, his budget doubles down on President George W. Bush’s borrow, spend, and bail­out policies.”