Proposed 2011 Budget

When addressing fiscal responsibility, the President talks a good game. Last week he said that this level of debt and spending is unsustainable. He promised tax relief for small businesses. He said he would freeze a very small portion of the national budget. That was last week.

This week he submits a 3.83 trillion dollar budget. This budget contains a 1.56 trillion dollar deficit. This deficit is even larger than last year’s deficit. The budget contains 2 trillion dollars of proposed tax increases. It does contain 20 billion – with a “B” – of spending cuts. How significant can these tiny cuts be? It is a bone being tossed to all those Americans protesting the out of control spending.

What this country needs are significant spending cuts. No new wildly expensive programs. This country needs significant broad-based tax cuts. Endeavoring to make more loans available to small businesses is laudable. Offering tax credits to small businesses that create new jobs is a step in the right direction. If all small businesses were given tax reductions without conditions attached, more business could expand and new jobs would be created. Do not forget tax cuts for large businesses. They create jobs in larger numbers. Do not forget tax cuts for individuals. They buy goods.

Taxes will increase for anyone making more than $200,000 a year. This includes many, many small businesses. With one hand the government proposes offering tax credits to small businesses that create new jobs. With the other hand the government proposes raising taxes on these same businesses. Does this even make sense?

This country does not want the government to pay lip-service to fiscal responsibility. We will judge the government by its deeds. Don’t just talk the talk; walk the walk.

We can not afford this level of debt. We can not afford this level of spending. We know that the government will seek to stuff this budget with thousands of pet pork projects. My advice is CUT the pork; CUT the spending; and REDUCE the national debt.

Signed,
The Electorate