"White House Budget Director Jack Lew hit the news shows early to defend the president's proposal, saying the budget makes "real cuts" while investing in priority programs.

"You've got to start somewhere," Lew told Fox News. He said the long-term plan is to draw down the deficit to a point that can stabilize the debt. According to officials, the goal is to make sure the debt stops increasing as a share of the economy by the middle of the decade.

"By the middle of the decade, we're paying our bills," Lew said."

Hey, Lew, can I not pay my bills until the middle of the decade?

Obama, that great fiscal genius, sends a $3.7 TRILLION dollar budget to Congress. Proclaiming a $1.1 trillion savings over 10 years. But accumulating $7.21 trillion in cumulative deficits over that period.

Not 3 months after you got your ass KICKED in elections you send this crap up. What is wrong with you statists? You have friends, grandchildren, etc. whose ass you are gonna kick back to the stone age with debt. For what? Your ideology. MORONS

LISTEN TO RON AND RAND PAUL!!!

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UPDATE:
Takeaway sentence from ABC News’s description of the Obama budget unveiled today:

“At no point in the president’s 10-year projection would the U.S. government spend less than it’s taking in.”

$3.73 trillion. $1.6 trillion deficit this year alone. $7 trillion in deficits over 10 years

UPDATE II:
"President Obama projects that the gross federal debt will top $15 trillion this year, officially equalling the size of the entire U.S. economy, and will jump to nearly $21 trillion in five years’ time."

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UPDATE III:
"President Obama released his budget this morning.  Rather than focusing on Washington’s over-spending problem, the budget calls for higher taxes on families and small businesses to pay for even more government spending.  Under the Obama budget, tax revenues will grow from 14.4% of GDP in 2011 to 20% of GDP in 2021.  By comparison, the historical average is only 18% of GDP."

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