Tag Archive for ‘Federal Budget’
We are almost to the middle of 2013 and, in Lord Melbourne’s words, “What all the wise men promised has not happened.”
President Obama has presented the most irresponsible budget in U.S. history. His fiscal year 2010 budget projects federal spending of $3.5 trillion and a federal deficit of $1.75 trillion. In other words, 50 percent of the government’s budget consists of red ink.