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RNC: Tax and Spend Fever
Date:3/5/2009

hip with regard to that issue, and it's the long-term fact that our budget just isn't sustainable ... Increasing spending without coming up with revenue that matches that spending or cutting spending some place else is just not the direction that we need to head in. We've been doing that too long now. We're addicted to debt, w e ran up debt unbelievably during the Bush administration years, and I hope the administration will show some real leadership and head this country towards a sustainable course in the long run." (David Chalian, "Blue Dog To Obama: Health Care Shouldn't Increase Debt," ABC News' "The Note" Blog, www.abcnews.com, 3/2/09)

Democrats Have Already Passed And Proposed Trillions Since President Obama Was Sworn In:

President Obama Proposed Spending Between $3.5 And $4 Trillion In His FY2010 Budget. "Obama's budget overview will call for between $3.5 trillion and $4 trillion in spending in fiscal year 2010 and creates space for up to $750 billion in additional bank bailout funds this year - money that hasn't been requested and the administration hopes will not be necessary to stabilize the still-reeling financial system." (Major Garrett, "Obama's Budget Projects $1.75 Trillion Deficit," FoxNews.com, www.foxnews.com, 2/26/09)

Last Month, President Obama Signed The $787 Billion Economic Stimulus Package. "The $787 billion stimulus bill that President Barack Obama signed Tuesday was a warm-up act, an emergency provision aimed at stimulating a moribund economy." (David Lightman and Margaret Talev, "How Much Government Spending Is Ahead? Stay Tuned," The Miami Herald, 2/20/09)

Last Week, Democrats In The House Passed A $410 Billion Om
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SOURCE Republican National Committee
Copyright©2009 PR Newswire.
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