Thinking Caps

John Campbell

Feb 01, 2010 1:17 PM February 01, 2010 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.