There's some good news and some bad news as we mark the unhappy occasion of the April 18 tax filing deadline. Let's start with the good news.
For the first time in the post-World War II era, there is a significant popular movement to scale back government and reduce the tax burden that has been stifling our economy. A lot of this is because members of the Tea Party are making their voices heard.
Almost 21/2 centuries after the original Boston Tea Party of 1775, the idea of limited government that inspired our forebears is very much alive. The growth of government is not some inexorable force. In a democracy, we the people decide. Thanks to the Tea Party, there's real hope that we can rein in our profligate federal government.
But in order to make progress, we have to first rein in President Obama, whose spending binge is driving our national debt to historic highs. When Obama took office in 2009, the national debt was about 50 percent of the Gross Domestic Product. Over the past two years, our national debt has risen to about 70 percent of the GDP and is expected to be 100 percent of the GDP by 2020.
The Obama administration's $800 billion stimulus package is one-half of the unfolding disaster. The other half is Obamacare, which will cost more than a trillion dollars unless it can be repealed — something the next president must make a priority on Day 1 in office.To Read the rest of the op-ed, go HERE.
Mitt Romney's op-ed from yesterday, 'President Obama Goes from Wrong to Dishonest', can be viewed HERE.