Several news organizations are reporting rumors that Obama is going to introduce or support between $3-4 Trillion in cuts. Don’t believe this nonsense for one second. Even if he did try to introduce spending cuts, they are using the ploy that these cuts will be spread over 10 years. With that type of math the cuts won’t help reduce the deficit at all, especially since Obama and the democrats would just increase spending in other areas. Entitlement programs are what is causing much of our debt, and ObamaCare is the next entitlement set to start in the next year or so. Obama will never cut the programs that his entitlement base is all about.
Also don’t think that will ever give up on raising taxes on working Americans. Oh, and don’t forget their new term is “revenue enhancements” which they have told the media to use instead of saying tax increases. Since Obama took office he and his liberal allies have done nothing to make the economy better, and has spent trillions of dollars for useless stimulus and other government nonsense.
Contact your representatives and tell them hard cuts need to be made, and no tax increases!