Monday, February 21, 2011
Obama's 2012 Budget Gimmicks
President Obama's Fiscal Year 2012 federal budget is an example of shoddy math and non-transparent government at work. The 2012 Federal Budget fiscal shell game is as curious for what items are included as for what Team Obama chose to exclude. The FY12 Budget, on page 129, discusses the Administration’s admirable intent to crack down on businesses that are delinquent in paying taxes. This is a good idea. Team Obama then "proposes a suite of legislative and administrative debt collection reforms that will yield more than $5 billion of additional collections over the next 10 years from individuals and businesses...
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