White House Budget Lands With A Thud

‘Non-Partisan Budget Experts Blasted The Budget,’ Argue It Goes ‘Nowhere Near Where They Will Have To Go To Resolve Our Fiscal Nightmare’

‘Non-Partisan Budget Experts Blasted The Budget’


“Non-Partisan Budget Experts Blasted The Budget Even Before Exact Details Were Known.” (“Budget Sets Battle Over Cuts,” USA Today, 2/14/11)

ERSKINE BOWLES, Democratic Chairman Of The Fiscal Commission: “The White House Budget Request Goes ‘Nowhere Near Where They Will Have To Go To Resolve Our Fiscal Nightmare.’”
(“Obama Spending Plan Criticized For Avoiding Deficit Commission's Major Proposals,” The Washington Post, 2/14/11)

ROBERT BIXBY, Director Of The Concord Coalition: “The Entitlement And Tax Reform Agenda Will Apparently Be Deferred Yet Again … It Makes You Wonder What The Point Was Of Having A Commission In The First Place.” (“Budget Sets Battle Over Cuts,” USA Today, 2/14/11)

“Maya MacGuineas, President Of The Committee For A Responsible Federal Budget, Accused The White House Of ‘A Political Unwillingness To Tackle The Tough Issues’ Before Higher Federal Deficits And Debt Risk A Fiscal Crisis.” (“Budget Sets Battle Over Cuts,” USA Today, 2/14/11)

 

President Obama ‘Is Not Taking The Lead’ On Reducing The Deficit


THE NEW YORK TIMES: “The Budget Confirms That Mr. Obama Is Not Taking The Lead In Embracing The Kind Of Far-Reaching Deficit-Reduction Plan Recommended In December By A Bipartisan Majority Of His Fiscal Commission.” (“Obama’s Budget Seeks Deep Cuts In Domestic Spending,” The New York Times, 2/13/11)

THE WASHINGTON POST: “President Obama Drew Fire Sunday From Congressional Republicans And Independent Budget Experts For His Reluctance To Advance A Plan That Would Tackle The Nation's Biggest Budget Problems In The Spending Blueprint He Will Submit To Congress On Monday.” (“Obama Spending Plan Criticized For Avoiding Deficit Commission's Major Proposals,” The Washington Post, 2/14/11)

•    THE WASHINGTON POST: “Still, $1.1 Trillion In Savings Would Barely Dent Deficits That Congressional Budget Analysts Say Could Approach $12 Trillion Through 2021.” (“Obama Spending Plan Criticized For Avoiding Deficit Commission's Major Proposals,” The Washington Post, 2/14/11)


THE WALL STREET JOURNAL:
“Mr. Obama's Plan To Reduce The Deficit By $1.1 Trillion Over 10 Years Is Short Of The $4 Trillion In Reductions The White House's Bipartisan Deficit-Reduction Commission Proposed In December.” (“Budget Forecasts Bigger 2011 Deficit,” The Wall Street Journal, 2/14/11)

•    THE WALL STREET JOURNAL: “The White House Would Fail To Meet A Promise Made A Year Ago To Balance The Budget Outside Of Interest Payments On The Federal Debt By 2015, Which Would Mean A Deficit Of 3% Of GDP.” (“Budget Forecasts Bigger 2011 Deficit,” The Wall Street Journal, 2/14/11)


POLITICO: “That Figure Pales In Comparison To The Recommendations From His Bipartisan Fiscal Commission In December, And Like Alice’s Red Queen, Obama Often Seems To Be Running Hard Just To Say In Place.” (“Starting Line: Obama Releasing His Budget,” Politico, 2/14/11)

THE NEW YORK TIMES: “With The Budget He Is To Unveil Monday, President Obama Has Not Opted For The Bold, Comprehensive Approach To Reining In The Fast-Growing Federal Debt That His Own Fiscal Commission Has Said Is Needed, Now.” (“A Cautious Approach Seeking Bipartisan Appeal,” The New York Times, 2/14/11)

THE HILL:
“Obama’s Budget Falls Far Short Of Debt Commission Savings Plan.” “President Obama’s 2012 budget request to be released on Monday will reduce budget deficits over the next decade by only a quarter of the amount proposed by the presidential debt commission in December, a senior administration official confirmed Sunday.” (“Obama’s Budget Falls Far Short Of Debt Commission Savings Plan,” The Hill, 2/13/11)

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