New Obama Budget a Smoke-and-Mirrors Charade

April 13th, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement on the new Obama budget:

“The new Obama budget is just like the old Obama budget. It’s just smoke and mirrors. A charade. Just like the old budget, under the new budget, every single year, spending will increase, taxes will rise, and the government will expand. The national debt will increase by about $1 trillion a year such that by 2021, the debt will be more than $24 trillion. It never anticipates a balanced budget, nor does it foresee ever paying down the debt, which will soon become too large to even refinance.

“The Obama Administration once again has proven that it cannot be taken seriously when it comes to restoring order to the nation’s fiscal house. If elected officials cannot find a way to balance the budget sometime during their terms of office, their claims of ‘fiscal responsibility’ truly are preposterous.”

Interview Availability: Please contact Rebekah Rast at (703) 383-0880 or at rrast@getliberty.org to arrange an interview with ALG President Bill Wilson.

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