Posted by: arnegrim | April 1, 2009

Budget plan

Now that the Republicans have submitted a budget of their own… let’s see if Obama rejects it out of hand or actually takes a look at it.

“The plan unveiled Wednesday by Wisconsin GOP Rep. Paul Ryan also freezes overall spending on domestic programs and repeals most of the spending in President Barack Obama‘s recently passed economic stimulus bill.

Despite the spending reductions, the plan projects permanent deficits exceeding $500 billion into the future, fueled largely by big tax cuts.”

http://news.yahoo.com/s/ap/20090401/ap_on_go_co/congress_budget_4

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