Democrat Budget Reveals Priorities

Carol Platt Liebau

3/12/2013 1:57:10 PM - Carol Platt Liebau

So, after four long years, Senate Democrats have finally released a budget. It wasn't worth the wait, in that it doesn't constitute a serious proposal for reducing the unsustainabile levels of spending that will drive the US into decline if they remain unaddressed.

Some of what you need to know:

The proposal contains $1 trillion in proposed new taxes -- but doesn't balance the budget.

It would cut deficits by only $800 billion over the next decade.

It contains $100 billion in new "stimulus" spending for the Democrats' usual go-to claims: Infrastructure and job training.

In contrast, the Ryan budget would (a) cut taxes; (b) cut spending by $5.7 trillion over ten years; and (c) balance in 10 years.