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Obama finally gets CALLED OUT. Sen. Charles Grassley of Iowa
In the past week, Obama's proposals for major health care, energy and education changes amid a recession faced skepticism from both Democrats and Republicans on Capitol Hill. North Dakota Sen. Kent Conrad, the Democratic chairman of the Budget Committee, called the track of future deficits "unsustainable."
Obama is projecting a federal deficit of $1.75 trillion this year, by far the largest in history, but says he can get it down to $533 billion by 2013.
On Saturday, Grassley criticized Obama's proposals for tax increases as failing "to connect all the dots." The senator said the major tax increases will only force people to drop out of the work force, reducing tax revenue to pay down the deficit.
"There's evidence that the president and his people understand this, even if their budget doesn't show it," Grassley said. "They say they don't want to raise taxes until 2011 because the economy is too weak. ... Well, if the president admits that tax increases hurt the economy, that will be true in two years as it is true today."
Why has the media been sleeping on this? I've blogging about this for some time now. I don't understand why people think it's a good idea to weaken our own economy. Why would our own people want this?
Is it the fact is that most people don't know what's going on; or even worse don't care.
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