Just an outline, albeit a 134 page one, calls for nearly $1 trillion in tax increases over the next decade. OMB’s Orszag anticipates $9 trillion in new debt in that time. Reductions? Stimpack and “normal business cycles,” ending Bush tax cuts in 2010, ending war in Iraq, efficiency in government. POTUS doesn’t take questions.
POTUS Declares the Return of Fiscal Discipline in Huge New Budget
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