Read My Teleprompter...No New Taxes
Quite the contrary, the latest figures show that President Obama's budget would include the largest tax increase in history--$1.5 trillion over the next ten years. Despite the tax hike, Obama's $3.6 trillion budget will still create more debt than was created under every President from George Washington to George Bush combined!
Of particular concern is the way Democrats are scheming to use the reconciliation process as a means of blocking debate. By using congressional rules in an unprecedented way, the Democratic leadership could effectively hide a number of drastic liberal policies, including the cap and trade program, universal health care, and tax hikes in the budget without letting taxpayers and even members of Congress in on the details.
FRC will do its best to let you know what the congressional majority wishes you didn't! Stay tuned for the latest on the budget battle.
Additional Resources
Associated Press: Analysis: Dems punt hard choices on Obama budget