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>Don’t Be Fooled: Democrats Will Cut Obama Spending To Look Good To Voters in 2010

>Democrats in the House and Senate said they plan to cut hundreds of billions of dollars from Obama’s spending request over the next five years. They also are scrapping Obama’s plan to devote more cash to the financial sector bailout. And they are restoring some of the money-saving budget gimmicks the president said he eliminated last month when he unveiled his $3.6 trillion request for the fiscal year that begins in October. The moves come as Republicans are pounding Obama for proposing a rapid increase in government spending and taxpayers are voicing anxiety and outrage about the gargantuan sums that Washington is already pouring into the economy and banking system.
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Here’s my reaction to the above story which I made as a comment in the Washington Post today. So far three people recommended my comment. Place your own comments above about this important issue.

dusanotes wrote:
All Democrats are big spenders.There are no conservative Democrats in Congress anymore. But those who come up for re-election soon are realists. They are carving off some of Obama’s lavish spending so they can look appealing to their voters in 2010. If they fail to cut spending, most voters will react negatively to anything from the Democratic Party, Already, candidates are preparing their talking points so that they can say they cut taxes. This is to fight a resurgence of the Republicans. Right now, the GOP has the momentum and the solidarity against spending. I think Americans will be fed up with Obama when they see the tax hikes in the form of taxing the rich, taxing capital gains, and raising our oil and gas heating bills due to Obama’s “green” nonsense. Yes, Clinton raised taxes, but he did so to reduce the deficit. Obama’s tax hikes won’t reduce the deficit but are designed to pay for his big-time spending ideas — a lot of it wasteful and partisan — and people will be shocked when they see the size of his deficit spending and how the value of the dollar plummets, making Asian currencies spike and stocks in America less attractive than Asian stocks. Obama isn’t planning for the long haul. People should take a long view of Obama’s plans and then pull back and be realistic and fight these stupid tax hikes. But don’t be deluded about the motive of Congressional Demos.
Don White
3/25/2009 9:55:12 AM
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 Conservative Estimate.  Don White http://www.dollarmonitor.com/affsites/afx/155961.html  <—Click this link  

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