President Obama made the statement during his speech to Congress that he had a $1 trillion deficit as soon as he walked through the doors of the White House due to the last Administration's spending spree, including invading Iraq, etc. And the Democrats in Congress cheered.
Yet this is the same President Obama whose Office of Budget and Management says will add another $10 trillion in debt by the end of his two terms in office, at a minimum.
We're looking to President Obama to restore financial sanity in Washington, not use excuses like he made before Congress (see the first paragraph) to engage in his own budget-busting spending spree.
Someday a President will be forced to make catastrophic cuts in order to keep the country out of bankruptcy. And those cuts will be massive, and painful. It would be better to make cuts now and keep from reaching that point.
President Obama needs to shift gears, put the health care stuff on the back burner, and make some cuts. Get the budget under control and reduce the debt before adding more to it via this costly health care proposal that Obama is keen on passing.
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