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Obama to Shift Focus to Budget Deficit
WSJ ^ | FEBRUARY 14, 2009 | JONATHAN WEISMAN

Posted on 02/13/2009 8:24:49 PM PST by willgetsome

With a $787 billion stimulus package in hand, President Barack Obama will pivot quickly to address a budget deficit that could now approach $2 trillion this year.

He has scheduled a "fiscal-responsibility summit" on Feb. 23 and will unveil a budget blueprint three days later, crafted to put pressure on politicians to address the country's surging long-term debt crisis.

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


TOPICS:
KEYWORDS: congress; fiscal; obama; stimulus
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To: willgetsome

/bashes head into wall...
I really can’t believe it...


81 posted on 02/13/2009 9:01:56 PM PST by Toki ("Palin Pingers" Freepmail Liberity Rocks or me to get on the list today!)
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To: Califreak

Whatever will tomorrow bring?

(shakes head)
________________________________________________

They’re going to push as much Communism on us as quickly as they can. Shock and Awe.


82 posted on 02/13/2009 9:02:03 PM PST by unkus
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To: April Lexington

No, he is going to raise taxes to make up the difference.


83 posted on 02/13/2009 9:02:44 PM PST by kabar
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To: willgetsome

I’ll believe it when I see dollar-for-dollar budget cuts to reflect the billions they have spent between the spending bill AND the TARP.


84 posted on 02/13/2009 9:03:06 PM PST by anniegetyourgun
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To: jveritas

Oh my goodness. I can’t stop laughing. Too bad it is just too scarey to be funny tho!!
I honestly can’t figure out if the freak is stupid or is he truly trying to destroy the country!!!

I mean I know pelosi’s a dope but...


85 posted on 02/13/2009 9:03:25 PM PST by jackv (Just shakin' my head!!)
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To: Rome2000

There goes what’s left of our 401K’s.


86 posted on 02/13/2009 9:03:56 PM PST by Master of Orion
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To: willgetsome

And he’s going to put Eliot Spitzer in charge of his new Family Values Initiative.


87 posted on 02/13/2009 9:06:07 PM PST by Arthur McGowan
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To: willgetsome

And he’s going to put Eliot Spitzer in charge of his new Family Values Initiative.


88 posted on 02/13/2009 9:06:08 PM PST by Arthur McGowan
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To: jackv

“I honestly can’t figure out if the freak is stupid or is he truly trying to destroy the country!!!”

I have pondered the same thing. Is he an educated idiot or a subversive plant? Either way he is just as dangerous.


89 posted on 02/13/2009 9:06:08 PM PST by mkcc30 ("Millions for defense, but not one cent for tribute.")
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To: willgetsome

If Obama’s going to address the budget deficit that he just made a WHOLE lot worse, that means he’s going to “raise taxes on the wealthy” and make things a WHOLE lot worse! Democrats consistently flunk Econ 101, time after time after time. They NEVER LEARN!!!


90 posted on 02/13/2009 9:06:19 PM PST by Purrcival (Proud to share my birthday with President Reagan)
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To: VanShuyten

Scary beyond belief. We have to fight and defeat socialism.


91 posted on 02/13/2009 9:06:31 PM PST by jveritas (God Bless our brave troops)
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To: no one in particular

That’s not where the focus belongs . . .


92 posted on 02/13/2009 9:07:37 PM PST by tomkat (tar/feathers are way too subtle)
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To: Purrcival

“Democrats consistently flunk Econ 101, time after time after time. They NEVER LEARN!!!”

LOL! Look up the definition of insanity.


93 posted on 02/13/2009 9:08:14 PM PST by mkcc30 ("Millions for defense, but not one cent for tribute.")
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To: willgetsome

People have to learn liberal speak...always replace the words “raising taxes” with “investments in the future”...sounds so much better, doesn’t it?...(and fools’em every time)


94 posted on 02/13/2009 9:08:31 PM PST by RckyRaCoCo (I hear the words of Jefferson louder and louder as each day passes)
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To: jackv
I honestly can’t figure out if the freak is stupid or is he truly trying to destroy the country!!!

I am asking the same question.

95 posted on 02/13/2009 9:08:50 PM PST by jveritas (God Bless our brave troops)
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To: KevinDavis

nope. : (


96 posted on 02/13/2009 9:09:10 PM PST by Rick_Michael (Have no fear "President Government" is here)
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To: willgetsome
Aside from the usual lib Democrat agenda, no action will be taken. The article says that the fiscal discipline won't kick in until the economy is back on the upswing. In other words, 2010 at the very earliest. PR stunt. Obama is a socialist-leaning Democrat hack posing as a politically moderate statesman. I wonder how long the con with last, but I doubt he'll change his schtick any time soon.
97 posted on 02/13/2009 9:09:57 PM PST by dr_who
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To: All

I WANT OUT I WANT OUT... I want to keep my damn money and I want NOTHING from the government and I don’t want to pay for anything for ANYBODY..... How can I get out of this thing .. I WANT OUTTTTTTTTTTTTTTTTTTTTTTTT


98 posted on 02/13/2009 9:11:06 PM PST by sonic109
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To: LucyT

Remember when I said that the only way I saw us as being able to stop him from being elected was to prove he was ineligible?

Those are scary numbers, I mean had McCain been able to nail him with these sort of numbers he might have won in 57 states....

99 posted on 02/13/2009 9:14:25 PM PST by usmcobra (Your chances of dying in bed are reduced by getting out of it, but most people still die in bed)
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To: willgetsome

Sad to say it, but we may need a US general to pull a Julius Ceasar. Its time.


100 posted on 02/13/2009 9:14:52 PM PST by zeller the zealot (The fix has been in for a long time. We just didn't know it.)
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