Posted on 03/15/2013 9:40:53 AM PDT by whitedog57
Nobody spends like government, when it is other peoples 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 Pelosis (D-CA) infamous, But we have to pass the [health care] bill so that you can find out whats in it .
This is a grim-looking crowd when Senator Murray announced Government Gone Wild! spending plans.
Lets 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 Democrats 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 Democrats 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 doesnt balance the budget.
Here is the American Action Forum and Doug Holtz-Eakins plan which is far, far preferable. Lets try that one instead.
I wonder what was going through Senator Murrays noggin when they took this picture of her?
What picture?
The Debt will reach “$24 Trillion” in 3 to 4 years at its current rate.
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