President Obama's Predictable Budget: More Spending, More Tax Increases

President Obama's Predictable Budget: More Spending, More Tax Increases

from Forbes Real Time by Peter Ferrara, Contributor

President Obama tells us in the Overview to his Fiscal Year 2014 Budget just released last week that his budget proposes, “more than $2 in spending cuts for every $1 of new revenue from closing tax loopholes and reducing tax benefits for the wealthiest.”http://www.forbes.com/sites/peterferrara/2013/04/19/president-obamas-predictable-budget-more-spending-more-tax-increases/