Obama budget fails to tackle entitlements
February 14th, 2012
07:31 AM ET
2 years ago

Obama budget fails to tackle entitlements

NEW YORK (CNNMoney) - Independent deficit hawks - as opposed to the political ones seeking votes - gave mixed reviews to President Obama's 2013 budget proposal.

They commended the president for offering measures that would start to move U.S. fiscal policy in a more sustainable direction.

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Filed under: Budget • President Obama
soundoff (9 Responses)
  1. SafeJourney

    Now is not the time. With the economy still recovering

    February 14, 2012 09:04 am at 9:04 am |
  2. Wire Palladin, S. F.

    All that can be addressed after we get out of this republican near depression.

    February 14, 2012 09:05 am at 9:05 am |
  3. gt

    obama is never going to be bold and do the right thing...no wonder americans think there leaders are gutless and spinless politians...tell the truth. were adults who have to say no and cut spending with our own money...

    February 14, 2012 09:29 am at 9:29 am |
  4. The GOP opens mouth and inserts foot

    As long as it gets the economy going, fixes the Bush disasters and helps me get a job, I'm all for it.

    February 14, 2012 09:34 am at 9:34 am |
  5. Taran

    As stated by Norman Mattoon Thoms who was a leading American socialist, pacifist, and six-time presidential candidate for the Socialis Party of America in his 1944 speech: "The American people will never knowlingly adopt socialism. But under the name of 'Liberalism' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened" He went on to say: "I no longer need to run as a presidential candidate for the Socialist Party. The Democrat Party has adopted our platform"

    No more need to be said

    February 14, 2012 09:53 am at 9:53 am |
  6. george of the jungle

    well no one expected thr repos to say the budget was ok . But i cant imagine what kind of budget they would have come up wit especially if they are unwilling to raise taxes on the wealthy. How many of social programs would be cut and how many low income people would suffer? And how much more can the middle class take. At least they ca ved on the payroll tax. Thats because their numbers are in the toilet and it is an election year. Vot all repos out Obama/Biden 2012

    February 14, 2012 10:00 am at 10:00 am |
  7. kakaraka

    The big three are off the table. Period. No touch.

    February 14, 2012 10:04 am at 10:04 am |
  8. Four and The Door

    On Monday, White House National Economic Council Director Gene Sperling called for a “global minimum tax” to ensure that “nobody is escaping doing their fair share.”

    Apparently Obama has realized during his budget review that tax increases for the rich aren't going to be enough to cover the kind of spending he has planned. He is correct. A Global Minimum Tax would hit every working American. The interesting part will be how he intends to blame this on the Republicans.

    Eventually the federal government will just have to cut spending. Hopefully we get that done earlier than they did in Greece.

    February 14, 2012 10:40 am at 10:40 am |
  9. Taran

    Obama blames the Constitution instead of following it: "What's frustrated people is that I've not been able to implement every aspect of what I said in 2008. Well, it turns out our Founders designed a system that makes it more difficult to bring about change than I would like."

    February 14, 2012 10:59 am at 10:59 am |