President Obama proposed a $4 trillion budget this week. Not only does his budget call for a massive increase in spending on both domestic and defense issues, it is 7% higher than what is permitted under a bipartisan sequester deal enacted in 2011. The president of the bipartisan Committee for a Responsible Federal Budget, Maya MacGuineas, had this to say:
“Failing to address the drivers of the debt will ultimately undermine the president’s other priorities. The focus on promoting investment today will do little good if our massive debt is choking the investments of tomorrow.”
If you believe that the president should be focused on paying down our nation’s debt instead of leaving the responsibility with our children and grandchildren, Like and Share this post.