Thursday, May 10, 2012

National Debt, look who is really reversing on their promises?


It is not the Democrats lacking the will to address budget gaps and reduce the National Debt, it is Republicans. Please get that right.

Obama threatens to veto Republican's shield of defense cuts (click here)

By David Lawder
WASHINGTON, May 9 (Reuters) - President Barack Obama threatened on Wednesday to veto a Republican bill that would partially replace looming automatic budget cuts and protect military spending at the expense of food stamps and other social programs.
The White House said in a statement that the cuts proposed by Republicans would "cost jobs and hurt middle-class and vulnerable Americans - especially seniors, veterans and children."
"The bill's unbalanced provisions fail the test of fairness and shared responsibility," the White House added.
The veto threat escalates one of several new budget battles that have broken out this spring in Washington....