Obama’s Plan Would Cost Another $20 Billion

Posted: January 27, 2011 in Links, Political Stuff
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President Obama’s agenda spelled out in his well-received State of the Union address would boost spending an additional $20 billion and lead to higher taxes, according to a line-by-line analysis from the National Taxpayers Union Foundation.

“President Obama’s speech last night hinted at tax reform, and spending restraint, but also opened the door to tax increases and major spending initiatives,” said NTUF Senior Policy Analyst Demian Brady. “Americans heard encouraging words about more efficient government, but little in the way of specifics about spending priorities. This leaves taxpayers wondering not only whether the federal budget deficit is headed upward or downward, but also by how much.”

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