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Obama budget forecasts sharp increase in deficit in fiscal 2016
CNBC ^ | 09 FEB 16 | Staff

Posted on 02/09/2016 8:15:07 AM PST by DCBryan1

President Barack Obama is sending Congress his eighth and final budget, proposing to spend a record $4.1 trillion on a number of initiatives. They include launching a new war on cancer, combating global warming and fighting growing threats from ISIS terrorists.

The new spending plan, for the budget year that begins Oct. 1 -- just 3 1/2 months before he leaves office -- is facing heavy fire from Republicans who hope to capture the White House. The proposal had dim prospects of winning approval in a Republican-controlled Congress.

In all, Obama's budget would increase taxes by $2.6 trillion over the coming decade, nearly double the $1.4 trillion in new taxes Obama sought and failed to achieve in last year's budget

(Excerpt) Read more at cnbc.com ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: budget; globullwarming; isis; obama
He is trying his hardest to hurt/destroy us before 20 JAN 2017.
1 posted on 02/09/2016 8:15:07 AM PST by DCBryan1
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To: DCBryan1

Obama’s Budgets always end up as Toilet Paper for the Poor


2 posted on 02/09/2016 8:20:06 AM PST by butlerweave
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To: DCBryan1

Don’t blame Obama on this one. ‘pubs have a huge HOR majority and they caved on the budget without even a skirmish. Blame it on those ‘pubs for trusting Ryan as Speaker.


3 posted on 02/09/2016 8:20:56 AM PST by grania
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To: grania

My wife would spend, spend, spend except for my efforts to limit her spending. Of course we cannot print money and borrow unlimited funds.


4 posted on 02/09/2016 8:27:11 AM PST by Lockbox
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To: DCBryan1

Cloward-Piven!


5 posted on 02/09/2016 8:27:22 AM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: DCBryan1

I don’t see the word “unexpected” in the story.

Something must be wrong...


6 posted on 02/09/2016 8:28:20 AM PST by MortMan (I am offended by those who believe they have a right not to be offended.)
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To: DCBryan1

He’s projecting a GOP win, and getting his blame points in ahead of time.


7 posted on 02/09/2016 8:32:44 AM PST by Pearls Before Swine
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To: DCBryan1

Final year “scortched earth” policy is now in full power.


8 posted on 02/09/2016 8:46:40 AM PST by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: DCBryan1

“Obama Budget”, there’s an oxymoron if I ever heard one.


9 posted on 02/09/2016 8:49:05 AM PST by anoldafvet (they're not immigrants, they're criminal aliens)
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To: DCBryan1
He is trying his hardest to hurt/destroy us before 20 JAN 2017.

At this point he's just twisting the knife more, as he enjoys that.

10 posted on 02/09/2016 8:49:37 AM PST by Cementjungle
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To: DCBryan1

War on cancer? Great. The government is encroaching even further into the realm of our health. Hopefully this war will be more successful than the war on drugs. But it won’t.


11 posted on 02/09/2016 8:49:55 AM PST by uncitizen (TRUMP THE SYSTEM)
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To: Pearls Before Swine

Exactly.


12 posted on 02/09/2016 8:50:38 AM PST by rockinqsranch (Dems, Libs, Socialists Call 'em what you will, they all have fairies livin' in their trees.)
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To: uncitizen

If the government really wanted to wipe out cancer they’d tax it.


13 posted on 02/09/2016 8:52:24 AM PST by Buckeye McFrog
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To: DCBryan1
Obama budget forecasts sharp increase in deficit in fiscal 2016

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14 posted on 02/09/2016 9:10:10 AM PST by publius911 (IMPEACH HIM NOW evil, stupid, insane ignorant or just clueless, doesn't matter!)
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To: DCBryan1


15 posted on 02/09/2016 10:37:18 AM PST by MacNaughton (" ...it is better to die on the losing side than to live under Communism." Whitaker Chambers)
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To: DCBryan1

This is a distraction, I believe the last several 0bama budgets didn’t even get democrat votes.

It is a piece of toilet paper from the 0val 0ffice.

So the question is...what is all the discussion distracting us from?


16 posted on 02/09/2016 10:52:51 AM PST by EBH (As for me and my house, we will serve the Lord.)
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To: All

He will get what he wants. The republicans can let him have what he wants or the government will be shut down right before election day and there will be no election. That’s probably what Obama wants.

The republicans’ only hope, and the country’s only hope, is impeachment.


17 posted on 02/09/2016 1:23:19 PM PST by VerySadAmerican (I doubt seriously that any vote is really counted.)
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