Obama’s budget is a joke, not literally, but it’s closer than you might think.
When USA Today (who stole my lead) starts a column on the President’s budget noting that no one expects it to become law, you know there is a serious problem with the political landscape of our country.
A President, as a leader, is tasked with setting the policy agenda in the country. It’s not his job to make laws, that responsibility is Congress’, but it is the president’s job to shape the direction of policy during his tenure.
In 2008, Candidate Obama said he would cut the deficit in half by the end of his first term. More than three years later, soon-to-be-former President Obama is the first president ever to run a trillion dollar deficit in three straight years.
You know how much money his new budget is expected save? $4 trillion according to his numbers.
That won’t even cover the deficits incurred by his administration and the budget proposal will save that money over the next 10 years.
I’ll repeat that.
Barack Obama wants to save $4 trillion over the next 10 years when he’s run up nearly $4 trillion in deficit in the last three years.
Furthermore, Obama knows, in no uncertain terms, this budget has no chance of passing the Senate, much less the Republican-controlled House. Not in an election year when Democratic politicians will be concerned about sticking their political necks out for an unpopular president.
Let’s review: Barack Obama proposed a budget he knows won’t pass, that would do nothing to promote change in government debts or deficits.
If you’re going to propose a budget you know won’t pass, why not go big? This budget, according to a White House Official, has $2.50 in cuts for every $1 in new taxes.
That’s a decent ratio, but why not $5? Or why not, as a liberal, jack taxes way up on the rich?
But Obama knows that he can’t win the debt and deficit argument. He has no intention of doing anything to fix government spending, the entitlements which drive debt, or a government system that allows the Senate to go three years without passing a budget (despite having a constitutional obligation to do so).
Paul Ryan, who already has the support of Mitt Romney, Rick Santorum and Newt Gingrich (Well…after Gingrich hated it, then liked it, then hated it, then liked it again), is planning to offer a counter-budget similar to the one the House already passed.
Expect national GOP leaders to be in on the planning given the likelihood a Republican Presidential nominee will have to champion Ryan’s budget against Obama.
Fortunately, Ryan’s budget (as long as he avoids some of those Medicare cuts that the left can twist and lie about) was bold and innovative the last time around and I would expect it to again garner broad support among conservatives.
In presenting today’s sacrificial lamb of a budget, Obama has shown just how unfulfilled his promises are. His lack of fiscal accountability is one of the cornerstones of his presidency. The GOP has to win on this issue and already holds the upper hand.
If it can win the debt and deficit argument convincingly, it will open up the lanes even further for a Republican to take control of spending from an even more powerful perch than leading the House budget committee: the oval office.