Monday, July 11, 2011

No Deal on Debt Limit: Spending Cuts Rejected by Pres

Once again the President refuses to cut spending to get our budget problems under control.  He would rather take money from your family and punish business owners over shrinking the size of government.  Liberals must think that government employment is something holy and Americans who work in the private sector are sinners.  

The Weekly Standard reports:

"In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling. In the session, Obama rejected a Republican proposal to seek $2.5 trillion in spending cuts and reforms, and insisted on higher taxes on businesses and wealthy individuals."

See the complete story:

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