Monday, February 14, 2011

The Truth Behind the White House’s Budget Spin; UPDATE

Via Facebook:

Today the White House finally produced its proposal for the 2012 budget. Beware of the left’s attempt to sell this as “getting tough on the deficit,” because as an analysis from Americans for Tax Reform shows, the White House’s plans are more about raising taxes and growing more government than reducing budget shortfalls.

The fine print reveals a White House proposal to increase taxes by at least $1.5 trillion over the next decade. If you want to know how minuscule their proposed $775 million-a-year budget “cuts” really are, please look at this chart. The proposed cuts are so insignificant – less than 1/10 of 1% of this year’s $1.65 trillion budget deficit – that they are essentially invisible on the pie chart. That speaks volumes about today’s budget.

- Sarah Palin

Update: Andrew Stiles from National Review has more on the president's budget:

$3.73 trillion — total spending this year (25 percent of GDP, highest levels since World War Two).

$46 trillion — total spending over the next decade.

$8.7 trillion — total new spending over the same period.

$26.3 trillion — Total new debt, including entitlement obligations, predicted by 2021.

$7.2 trillion — Total deficit predicted by the end of the decade.

$1.1 trillion — How much the White House estimates the proposal will reduce the deficit over the next ten years.

$4 trillion — How much the president’s deficit commission recommended reducing the deficit over the next ten years to avoid financial catastrophe.

$1.6 trillion — The projected annual deficit for 2011 (11 percent of GDP), up from $1.3 trillion in 2010.

$2 trillion — Amount the budget will raise taxes on business and upper-income families over the next ten years, which includes letting the Bush-era tax rates expire in 2012 (for incomes $250,000 and up).

$50 billion — Amount the administration plans to spend this year on infrastructure and transportation “investments.”

$30 billion — Amount dedicated to a “National Infrastructure Bank to invest in projects of regional or national significance to the economy,” including the much-touted high-speed rail initiative.

$77.4 billion — Funding allocated for the Department of Education, a 22 percent increase from 2010 levels, and a 35 percent increase from 2008 levels.

$29.5 billion — Total spending on the Department of Energy, a 22 percent increase from 2008 levels.

$9.9 billion — Funding allocated for the Environmental Protection Agency (EPA), a 30 percent increase from 2008 levels.

$150 billion — Total amount the White House plans to spend next year on research and development programs



Anonymous said...

From Malia Litman's well-researched blog:
For over two weeks Palin has not posted anything on Facebook. The last entry was 1-28, and today on Valentines Day, more than two weeks later, she doesn’t address the allegations regarding Todd. As of this moment, she has not put in writing any denial of the charges made by Shailey Tripp. Predictably, the Half-Term Ex-Governor fails to acknowledge her husband on this sentimental day. Instead she chooses criticism of President Obama but totally fails to offer any solutions. In response to the President’s budget proposal Palin is critical of any tax increase, even though she supports reducing the deficit. While she is critical that the proposed cuts are not significant enough, she fails to identify even one item that she would have cut. While criticizing the budget deficit the country is facing, remember that as the Mayor of Wasilla, and as Governor of Alaska, she left her town, and her state further in debt than when she took office. While she said that she was not a proponent of earmarks, she hired a lobbyist to obtain earmarks for Wasilla, and proposed earmarks for Alaska to study the genetics of harbor seals and the mating habits of crabs.

ConMan said...


I'm not a Palin fan but what goes on between Palin and her husband is no ones business but theirs!

Right Wingnut said...

I see Ellie is at it again. If I fabricate an accusation against Mitt in a blog post, will he be required to respond in writing? You really need to stop visiting those far left blogs.

Right Wingnut said...

Speaking of your well researched, far left source, I found this disgusting article on your anti-Palin site...

A Black Bigot to Replace Palin at CPAC

Why don't you just get it over with and become a Democrat? Folks like you are a cancer in the party.

ellie said...

MY Anti-Palin site? I don't run that site. In fact, I've never even commented on it. And unlike you, I also read what others are thinking about in this world. I happen to be one of those women who can and will think for themselves. You must have a real problem with women who can reason and decide for themselves.

I read that article you linked to. I did not find it disgusting in the least. I think it's the writers opinion. I would not call West a Bigot, however I do feel that his words about Muslims, if true, were not appropriate for someone in Congress. He represents all people in his district. Even the Muslims. Of course, in your world, that's hate, not to like it when someone judges you for your religion, or to want someone who's more than a reality show celeb as our president.

Ellie said...

RWN, and folks like you, are welcome in my GOP party. But you seem to have a problem with those that don't walk to YOUR lock step tune.

Anonymous said...

Posting the stuff about Palin on this post was a poor choice. Frankly, I think it was a poor choice period. So far this stuff is merely gossip; find a better source that smacks of less gossip, and it might be worth some time.

Until then, please stick to the facts about Palin: she quit her governorship after two years, she is prone to gaffes, and she has high negatives with many voters. That's really enough to be going on with, without attacking her family or her personal life.


Anonymous said...


Thanks for the link. Now I see where Ellie gets her P.D.S. from. That site is pathetic. I love how Ellie posted the first comment as an anon so she can continue to pretend that she doesn't hate Palin. I wonder how many other anon Palin low blows belong to her. I'm guessing lots.