Tags: Cato | Institute | David | Boaz | Barack | Obama

Cato’s Boaz: Obama’s Budget ‘Isn’t Serious’

Tuesday, 15 Feb 2011 04:52 PM

By Dan Weil

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
One of tennis legend John McEnroe’s most famous lines is “You cannot be serious.” That’s how Cato Institute executive vice Cato, Institute, David, Boaz, Barack, Obamapresident David Boaz feels about President Barack Obama’s budget.

“This is isn't a serious budget proposal,” he writes on Politico. “Even the Washington Post, hardly a tea party organ, says in its lead editorial that the budget punts, ducks, uses gimmickry and rosy scenarios, and projects a national debt soaring past 100 percent of GDP -- into Greek territory. A man as intelligent as the president must be embarrassed to present such a proposal.”

Obama is locking in emergency spending levels of 2009 and 2010, Boaz says. “Republicans should tell him that the last pre-emergency budget — 2007 or 2008 — is the starting point for adjustments and negotiation. But Republicans haven't established much credibility on spending restraint either,” he writes.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved