Powerline doesn't have much faith in the assumptions of the upcoming Obama budget.
Bear that in mind when Obama says that he has proposed a budget that controls future deficits: deficits will be contained if Obamacare magically reduces health care spending–assuming that Obamacare even exists a year from now–and if vast numbers of new immigrants somehow contribute more to the federal coffers than they cost. None of that is going to happen. Obama’s budget, as usual, is an exercise in magical thinking.
No comments:
Post a Comment