Department of Offense

Obama’s Budget: To Infinity And Beyond!
Posted by: Chairman Michael Steele

If you could buy stock in the national debt, do it. It’s headed for the moon.” That’s what CBS’s Mark Knoller had to say about the Democrats’ inability to control their outrageous spending practices since they have taken power. And he is right on: The White House recently raised its deficit forecast for 2011 to $1.4 trillion, which would be equivalent to 9.2% of the national economy.

Many are rightfully questioning the judgment of Democrat leadership and asking, “if American families have to live within their means on a budget, shouldn’t our government?” The debt is projected to top 100 percent of GDP. In short, the Democrats’ wish that we could spend our way out of the current economic crisis has only resulted in ballooning the deficit to historic highs while passing the buck on to our future children and grandchildren.

However, these failed practices are having more immediate effects on ordinary Americans today. The floundering economy is stagnating thanks to the President’s brand of “Obamanomics,” or tax and spend policies. Unemployment stands at almost 10% and projections look grim for the next few years. With all of the Democrats’ bluster about job creation, we see past the phony “created or saved” numbers and know that the only jobs they are interested in promoting are those in the government.

Whether or not the Democrats are serious about fixing the economy, their policies have totally and unequivocally been a disaster for the American people. Their failed Stimulus Bill, $2.5 trillion government takeover of health care, and plans for a Cap-and-Trade national energy tax represent a series of poor policy choices that have been acted upon against the wishes of the American people.

This November, we have the chance to make a change. The Republican Party is committed to paying the American people more than simple lip service about budget and fiscal issues that are so important to our nation right now. If you are concerned about the national debt skyrocketing to the moon and beyond, you can make a difference. Now is the time to get motivated, get involved, and restore common sense to government. November starts now!

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