Skip O'Neill – Liberty for All

Ron Paul for A New Direction

Obama Budget Deficit

with 2 comments

The economy is not on track and the leaders are desperate for something to work. President  Barack Obama’s $3.8 trillion proposed budget for fiscal 2013 emphasizes  creating jobs while backing away from further spending cuts. He called  for increased spending for job training, community colleges, research  and development, and infrastructure, saying the nation “can’t cut our  way to growth.” Obama abandoned his promise to cut the deficit in half  by the end of his first term.While attempting to do the “conservative” thing by reducing the deficit, he can’t screw his voter base by taking away their government benefits. He is showing himself to be a very faithful leader for a certain portion of the population.

Even  if the debate over President Barack Obama’s budget is pushed into next  year, Congress will still have to make decisions on a few key tax items  this year. Areas that companies should watch include the research and  development tax credit, dividend tax rates, corporate tax rates,  manufacturing tax credits, and pension funding.

Written by opinionoregon

February 15, 2012 at 10:38 pm

2 Responses

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  1. Clever graphic!


    February 16, 2012 at 1:49 am

  2. found it on google images a few months ago.


    February 16, 2012 at 3:53 pm

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