America is in deep economic trouble. I personally believe that... well, that's another post. So what's the plan to rescue the country? Let's contrast two approaches.
"We're introducing a budget that balances in 10 years -- without raising taxes," Ryan said in an op-ed in The Wall Street Journal. "How do we do it? We stop spending money the government doesn't have."
The plan would achieve $4.6 trillion in deficit reduction over 10 years. It also aims to simplify the tax code, consolidating the seven income-tax brackets into two, with a top rate of 25 percent.
Sounds reasonable at first glance. How is this received?
In a WH statement Obama complains that the plan does not include tax increases for top earners and said the president believes it is the "wrong course for America."
Because it doesn't include tax increases on the wealthy? That's why it's the wrong course? REALLY???
Meanwhile, Senate Democrats release their first budget in four years, which includes $1-Trillion dollars in tax increases.
Dereliction of duty, and then crap dumped on working Americans. It's the liberal way.
Democrats preemptively panned Ryan's spending plan [so they attack Ryan's plan sight unseen], with House Democratic Whip Steny Hoyer, D-Md., saying it relies on "spurious budget trickery." [a brilliant piece of analysis, this from the man who called Americans voicing their opinions on Obamacare "un-American"].
"The president has always believed that deficit reduction is not a goal unto itself," Carney said. "The proposals he's put forward keep the No. 1 objective in mind, which is economic growth and job creation, not deficit reduction solely for the purpose of reducing the deficit."
Obama: Let's run up the debt and tax America out of existence.
Tags: Paul Ryan, House budget, Obama, Senate Democrats, Jay Carney, Steny Hoyer, FoxNews, destroying America. Please mention / link to the Conservative Observer AZ. Thanks!