Obama's Proposed Spending Now Tops $300 Billion

Change is right. If we elect Obama - Change is all we'll have left in our piggy banks! The man proposed adding $300+ BILLION to the budget - that despite pledges to gut the military and spend all of the national defense budget on handouts as well. Where will all of this money come from? If you think it's just going to come out of your neighbors pockets - you're sadly mistaken.

In late January NTUF provided cost estimates -- based on hard data -- for more than 450 of the major candidates' proposals that would affect the federal budget (at that time eight candidates were studied). NTUF assumed the most conservative cost estimates of federal outlays based on a variety of sources, including the candidates' own projections; summaries from the Congressional Budget Office, Congressional Research Service, and the White House Office of Management and Budget; and results from equivalent legislation from NTUF's BillTally cost accounting system. Among the latest findings:

* Since January 29, Barack Obama has outlined 34 additional policies that could have an impact on the federal budget (some are new proposals while others are expansions of existing proposals). These items add $20.3 billion in annualized spending to Obama's $287.0 billion total that NTUF originally calculated.
* Among Obama's larger new initiatives are a "National Infrastructure Reinvestment Bank" ($6 billion), a New Orleans Hurricane Protection System ($1.6 billion), and a new "Universal Mortgage Credit" (the refundable portion of which could raise outlays by $4.4 billion).

I love how we're going to pay for New Orleans for a THIRD time if Obama gets his way. Not only did we pay for the levies to be built right the first time - but they weren't thanks to the New Orleans government - but we have had to pay for the clean up and rebuilding the city on the same spot where it WILL be flooded again - the question is only one of WHEN not IF - but now he wants us to shell out $1.6 BILLION for a prevention system?? I'd rather cast my vote for Slick Willy for the office of emperor of earth for life.