yota5
VIP Member
March 25, 2011 4:00 A.M.
Worsening Our Fiscal Nightmare
We need honest, fact-based budgeting.
Last Friday, the Congressional Budget Office scored President Obamas ten-year budget plan. Their findings underscore a painful truth: The president is failing to engage in the kind of honest dialogue necessary to rally the country behind needed action.
His budget widely criticized for growing our gross debt by $13 trillion, swelling our bloated bureaucracy, and ignoring our surging entitlements is so filled with gimmicks and manipulations that the CBO found an additional $2.3 trillion in deficits beyond what the White House projected.
It is the most irresponsible spending plan put forward by a president in our time. It not only fails to change, but actually accelerates us along, our dangerous fiscal trajectory.
The co-chairmen of the presidents own fiscal commission declared that if we fail to take swift and serious action, our country faces the most predictable economic crisis in its history. They disagreed only on the timeline. Erskine Bowles estimated we had at least two years, while Alan Simpson estimated we had closer to one. Similar warnings have been sounded by experts across the country and the world.
Americas leaders have no higher duty, no greater moral responsibility, than to take all appropriate steps to protect the good people we serve from a clear and present danger.
Sen. Jeff Sessions (R., Ala.) is a ranking member on the Senate Budget Committee.
Worsening Our Fiscal Nightmare - Sen. Jeff Sessions - National Review Online
Worsening Our Fiscal Nightmare
We need honest, fact-based budgeting.
Last Friday, the Congressional Budget Office scored President Obamas ten-year budget plan. Their findings underscore a painful truth: The president is failing to engage in the kind of honest dialogue necessary to rally the country behind needed action.
His budget widely criticized for growing our gross debt by $13 trillion, swelling our bloated bureaucracy, and ignoring our surging entitlements is so filled with gimmicks and manipulations that the CBO found an additional $2.3 trillion in deficits beyond what the White House projected.
It is the most irresponsible spending plan put forward by a president in our time. It not only fails to change, but actually accelerates us along, our dangerous fiscal trajectory.
The co-chairmen of the presidents own fiscal commission declared that if we fail to take swift and serious action, our country faces the most predictable economic crisis in its history. They disagreed only on the timeline. Erskine Bowles estimated we had at least two years, while Alan Simpson estimated we had closer to one. Similar warnings have been sounded by experts across the country and the world.
Americas leaders have no higher duty, no greater moral responsibility, than to take all appropriate steps to protect the good people we serve from a clear and present danger.
Sen. Jeff Sessions (R., Ala.) is a ranking member on the Senate Budget Committee.
Worsening Our Fiscal Nightmare - Sen. Jeff Sessions - National Review Online