OBAMA TRYING TO PUSH BACK ON CONSENSUS THAT HE FAILED TO SHOW LEADERSHIP ON TACKLING THE COUNTRY’S FISCAL CRISIS
The Wall Street Journal: “This was supposed to be the moment we were all waiting for. After three years of historic deficits that have added almost $4.5 trillion to the national debt, President Obama was finally going to get serious about fiscal discipline. Instead, what landed on Congress's doorstep on Monday was a White House budget that increases deficits above the spending baseline for the next two years. Hosni Mubarak was more in touch with reality last Thursday night.” (Editorial, “The Cee Lo Green Budget,” The Wall Street Journal, 2/15/11)- WSJ: “This $3.73 trillion budget does a Cee Lo Green ("Forget You," as cleaned up for the Grammys) to the voter mandate in November to control spending. It leaves every hard decision to the new House Republican majority. And it ignores almost entirely the recommendations of Mr. Obama's own deficit commission.” (Editorial, “The Cee Lo Green Budget,” The Wall Street Journal, 2/15/11)
- WSJ: “More than 95% of the savings would happen after Mr. Obama's first term in the White House is over, and almost two-thirds of the promised deficit reduction would arrive after 2016. Pretending to cut deficits by pushing all real cuts into the future is Budget Flimflam 101.” (Editorial, “The Cee Lo Green Budget,” The Wall Street Journal, 2/15/11)
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