The Obama Budget: A Monument to Excess

Carol Platt Liebau
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Posted: Feb 14, 2011 4:53 PM
Here is the Obama 2012 budget.

Its spending is unimaginably gargantuan -- rising to 25.3% of GDP this year, the highest since World War II -- and even worse over ten years.  But don't worry -- the President plans to defray some of the costs with massive tax increases.

More gruesome details are here, courtesy of Americans for Tax Reform.