FSM ACT NOW ALERT! Obama's budget will inevitably double the national debt

Congress Poised to Adopt Obama's $3,600,000,000 Budget Last fall, presidential candidate Barack Obama promised revolutionary change in Washington. The president promised a "net spending cut." Then he signed a massive so-called "stimulus" bill that critics on the left and right agreed was deeply flawed, and that will dump unheard of amounts of new debt into the laps of our children and grandchildren. As researched by The Heritage Foundation, this budget will: Increase spending by $1 trillion over the next decade; Include an additional $250 billion placeholder for another financial bailout; Likely lead to a 12 percent increase in discretion­ary spending; Permanently expand the federal government by nearly 3 percent of gross domestic product (GDP) over pre-recession levels; Raise taxes on all Americans by $1.4 trillion over the next decade; Raise taxes for 3.2 million taxpayers by an average of $300,000 over the next decade; Call for a pay-as-you-go (PAYGO) law despite offering a budget that would violate it by $3.4 trillion; Assume a rosy economic scenario that few econo­mists anticipate; Leave permanent deficits averaging $600 billion even after the economy recovers; and Double the publicly held national debt to over $15 trillion ($12.5 trillion after inflation).2 Read More Call and let your Congressional reps know how you feel! Remember our actions are for our children.....they are our future..... U.S. Senate Contact Information U.S. House Contact Information Call the Senate Switchboard NOW ! (202) 224-3121 Call the House Switchboard NOW ! (202) 224-3121