Monday, February 01, 2010
Posted by: John Campbell at 1:17 PM
This morning, President Obama unveiled his Budget proposal for fiscal year 2011.  There is no doubt that the Democrats of the House and Senate Budget Committees will have their own budgetary ideas, to say nothing of Republicans who agree with virtually nothing of the flat out unsustainablity of this President’s budgetary visualizations.

But there are 4 things that this budget will do quite well:  It increases spending, it increases your taxes, it increases the debt, and it increases the deficit.

I will have more on this throughout the week, which will include analysis and numbers, so put your thinking caps on.


About John Campbell

John Campbell is a member of the House Financial Services Committee, and has taken a leadership role in addressing the country's top economic issues.
  Campbell serves as a member of the Joint Economic Committee, and House Committee on the Budget. He has a Bachelor's Degree in Economics from UCLA and a Master's Degree in Taxation from USC.
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