Obama's plan for $25 Trillion in Debt

Obama's plan for $25 Trillion in Debt | Do It Yourself Capitalism
Well, thanks to some overworked aide in Paul Ryan's office, we now have a reasonable summary of what the President would like to do to us if he gets his way. Ready for this?
 
(1) $8.2 Trillion in New Debt
(2) $1.1 Trillion in New Taxes
(3) $964 Billion in New Spending above Projected Growth
(4) Total U.S. debt in 2023: $25.4 trillion, up from the current $16. 8 trillion.
(5) The President's Budget Never Balances—Ever.
 
Now we never again have to wonder whether President Obama respects the lawful ministerial obligations of his office. He has no respect for his legal duty to propose a timely, conscientious budget to the American people. Secondly, we never need to debate whether President Obama ever intended to do anything to lower the crushing national debt. As of last Tuesday, we know that the President wants this country to increase the national debt load from its current $16.8 trillion at this writing to $25.4 TRILLION.