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Senate Democrat “Budget” Expands Spending By 62% Over 10 Years, Debt Increases to $24 Trillion
Confounded Interest ^ | 03/15/2013 | Anthony B. Sanders

Posted on 03/15/2013 9:40:53 AM PDT by whitedog57

Nobody spends like government, when it is other people’s money.

Senator Patty Murray (D-WA), the former pre-school teacher who morphed into the Chair of the Senate Budget Committee, announced that the Democrats have a new budget requiring an additional $1 trillion in tax increases. Rather than release a copy of the budget like Paul Ryan (R-WI) did, they just hinted at what it has in it. Much of Nancy Pelosi’s (D-CA) infamous, “But we have to pass the [health care] bill so that you can find out what’s in it….”

This is a grim-looking crowd when Senator Murray announced “Government Gone Wild!” spending plans.

Let’s take a look at what little we know. Federal spending in 2012 hit $3.77 trillion This compares with $2.844 trillion when the Democrats took control on Congress in Q1 2007.

Under the Democrat’s plan, spending will rise to $5.7 trillion over the next ten years. That is DOUBLE the Federal spending from when they took control of Congress in 2007.

Under the Democrat’s plan, the government will borrow an additional $7 trillion over the next ten years, resulting in overall debt of over $24 trillion. That is a whopping 176% increase in Federal debt since Q1 2007.

And, of course, it doesn’t balance the budget.

Here is the American Action Forum and Doug Holtz-Eakins plan which is far, far preferable. Let’s try that one instead.

I wonder what was going through Senator Murray’s noggin when they took this picture of her?


TOPICS: Business/Economy; Government; Politics
KEYWORDS: budget; democrats; murray; obama
This is getting insane!!!!!
1 posted on 03/15/2013 9:40:53 AM PDT by whitedog57
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To: whitedog57
I wonder what was going through Senator Murray’s noggin when they took this picture of her?

What picture?

2 posted on 03/15/2013 10:12:23 AM PDT by humblegunner
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To: whitedog57

The Debt will reach “$24 Trillion” in 3 to 4 years at its current rate.


3 posted on 03/15/2013 10:53:30 AM PDT by Red Steel
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