With aggressive plans that may or may not involve Congress and will definitely not include conservatives, the White House has to be creative when it comes to passing new laws. One trick is to use lots of buzzwords with hidden meanings that cover up liberal lies only Obama supporters understand.
How can more revenue create more debt? You spend your money to commit to things you know are going to cost too much in the long term, like infrastructure. From the Recovery Act to the American Jobs Act to the president’s 2013 budget proposal, transportation infrastructure spending has been a mainstay of White House economic policy.
There is wisdom in restraint. Knowing where to draw the line between necessity and self-indulgence is a skill that some will never master. The past two years on Capitol Hill suggest that Harry Reid is one of those people.
The phrase “winning the future” was used several times during the State of the Union address, and has since become a slogan for the newest spending behemoth endorsed by Senate Democrats.
The walls of the Oval Office probably seem a little closer together these days. The GOP is adamant about spending cuts, and is threatening to trim as much as $100 billion from President Obama’s budget request. Given the president’s imminent fiscal reprimand, we have to give him credit.
Chris Dodd is not seeking reelection, but he is not through with us just yet. If President Obama has his way, the senator’s legacy will include an expensive new entry on Washington’s list of handouts to organized labor.
Mr. Obama’s newest election year sop to the unemployed is a $50 billion scheme to fund public works projects with an infrastructure bank.