More Debt, Higher Taxes, Doesn’t Balance: President Obama’s Budget in Graphics
While Republicans passed a balanced budget that would help our economy grow and improve the lives of the American people, the White House says the president’s budget doesn’t balance.
In fact, instead of addressing our spending problem, it adds to it — $8.2 trillion in new debt.
His budget doesn’t mention the popular Keystone XL pipeline, and it continues to block energy production that would create jobs and make energy more affordable.
It raises taxes another $1.1 trillion but has zero net spending cuts.
And it ignores the growing problem of ObamaCare, which is driving up prices and making it harder for small businesses to hire.
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