<http://scottystarnes.wordpress.com/author/scottystarnes/> Obama's
Scheme to 'reduce the deficit' is the status quo for Democrats...RAISE
TAXES!<http://scottystarnes.wordpress.com/2011/04/11/obamas-scheme-to-reduce-the-deficit-is-the-status-quo-for-democrats-raise-taxes/>
*Scotty Starnes
<http://scottystarnes.wordpress.com/author/scottystarnes/>*| April 11,
2011 at 1:07 PM | Tags: Bush
tax cuts <http://scottystarnes.wordpress.com/?tag=bush-tax-cuts>,
deficit<http://scottystarnes.wordpress.com/?tag=deficit>,
deficit commission<http://scottystarnes.wordpress.com/?tag=deficit-commission>,
Democrats <http://scottystarnes.wordpress.com/?tag=democrats>, federal
deficit <http://scottystarnes.wordpress.com/?tag=federal-deficit>,
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Obama<http://scottystarnes.wordpress.com/?tag=president-obama>,
record spending <http://scottystarnes.wordpress.com/?tag=record-spending>,
Republicans <http://scottystarnes.wordpress.com/?tag=republicans>, social
security <http://scottystarnes.wordpress.com/?tag=social-security>,
taxes<http://scottystarnes.wordpress.com/?tag=taxes>| Categories:
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Scenario: You are spending more money than you take in. What do you do? In
most circumstances, an individual would cut their spending to maintain a
positive balance. Not President Obama. There is nothing that will stop him
from spending. Instead, Obama wants to raise taxes so he can keep his record
spending sprees in place.

WSJ<http://online.wsj.com/article/SB10001424052748704366104576255282893680792.html?mod=WSJ_hp_LEFTTopStories&utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell>reports:

President Barack Obama will lay out his plan for reducing the nation's
deficit Wednesday, belatedly entering a fight over the nation's long-term
financial future. But in addition to suggesting cuts—the current focus of
debate—the White House looks set to aim its firepower on a more divisive
topic: taxes.

In a speech Wednesday, *Mr. Obama will propose cuts to entitlement programs,
including Medicare and Medicaid, and changes to Social Security*, a
discussion he has largely left to Democrats and Republicans in Congress. He
also will *call for tax increases for people making over $250,000 a year,* a
proposal contained in his 2012 budget, and changing parts of the tax code he
thinks benefit the wealthy.

This goes against the agreement that both parties agreed too back in
December 2010. Then again, Obama is known to have a disdain for the rule of
law.

"Every corner of the federal government has to be looked at here," David
Plouffe, a senior White House adviser, said Sunday in one of multiple
television appearances. "Revenues are going to have to be part of this," he
said, referring to tax increases.

Until now, Mr. Obama has been largely absent from the raging debate over the
long-term deficit. The White House has done little with the recommendations
of its own bipartisan deficit commission. And Mr. Obama's 2012 budget didn't
offer many new ideas for tackling entitlement spending, among the biggest
long-term drains on the federal budget.

Some of us pointed out that the 'deficit commisson' was just a political
ploy and were proven right with Obama's 2012 budget.

Continue 
reading>>><http://online.wsj.com/article/SB10001424052748704366104576255282893680792.html?mod=WSJ_hp_LEFTTopStories&utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell>

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