The New York Times has an interesting webpage on President Obama’s budget proposal. It gives a good, quick depiction of how you end up with a budget that contemplates spending $3.8 trillion.
I repeat: $3.8 trillion!
I know that the President and his aides have been talking a lot about fiscal discipline, making hard choices, and the need to reduce deficits. However, his actions in submitting a bloated budget that is so out of balance, which contemplates staggering deficits extending for the next ten years, speak louder than his words. His budget proposal says that our President is no deficit hawk, and he clearly is not serious about reducing deficit spending.