Oppose Obama Budget Sham

As you might know, the federal budget means nothing when it comes to spending. Congress actually spends money completely independent of the federal budget, through passing appropriations bill. Typically Congress passes about a dozen major appropriations bills, filled with billions of dollars of earmarks and pork, to make sure that the president cannot veto individual items--not that Obama would veto Democrat pork, no matter how outrageous. Remember that Obama in the Senate voted for Chris Dodd's amendment to guarantee that the AIG bailout money would go to paying AIG executives bonuses. (Dodd and Obama got the first and second largest contributions from AIG in 2008).

The federal budget is just a toothless guideline, when it comes to spending, and not once since the Budget Impoundment Act of 1973 (which took away the president's power to refuse to spend money appropriated by Congress) has Congress spent as little as they said they would in the federal budget. So as insanely huge as Obama's multi-trillion dollar budget is, Congress will actually end up spending even more.

The one area where the budget does have some teeth comes in regard to our taxes: any tax hikes included in the budget actually go into effect, but tax hikes do not need an appropriations bill. That means that if Congress passes the Obama budget sham, Congress will actually impose Obama's $700 billion in new taxes on us right then and there, rich and working poor (like me) alike. No school of economics advocates raising taxes in the middle of a recession. Not the fatally-flawed Keynesian school, nor even the Marxist school, is so wrong as to advocate raising taxes in the middle of a recession.

Even the Democrats' own Congressional Budget Office (CBO) estimates that Obama's budget will push the budget deficit to $1.85 trillion--that's $1,850,000,000,000--for fiscal 2010 alone, and add $9.3 trillion to the existing $11 trillion in federal government debt. Since the CBO always underestimates how much socialist pork programs will cost, and always overestimates how much tax hikes will raise, the CBO estimates mean that Obama's sham budget will lead to a deficit of at least $2 trillion this year, and probably more than double the federal debt.

So please join me in opposing the Obama sham budget by contacting your US Senators and Representative at
https://secure2.convio.net/cagw/site/Advocacy?cmd=display&page=UserAction&id=573