BO Proposes Tax Hikes Of $6,461 Per Person -House Budget Writers Call Plan 'Unsustainable, Failed, Crushing'

Bob Unruh / WND

President Obama proposed $4 trillion federal budget would raise taxes $2.1 trillion, or $6,461 per person, but would spend $2.4 trillion more, drawing a “dead-in-the-water” reaction from members of Congress who will write the bill.

“The president is required by law to submit a budget proposal. It is a suggestion and a wish list, but the budget of Congress sets the outline of spending for the coming year,” said a statement released Monday by the House and Senate budget committees.

“We will work with our colleagues to make sure it is complete, on-time, and balanced within the next 10 years.”

The statement, from House Budget Committee Chairman Tom Price, R-Ga., and Senate Budget Committee Chairman Mike Enzi, R-Wyo., described Obama’s plan as “unsustainable” and “failed.”

But it was Senate Finance Committee Chairman Orrin Hatch, R-Utah, who unleashed on the president.

“The president’s budget is a retread of the same top-down redistributive policies that have failed to lift hard-working American families and promote a strong and healthy economy. A $4 trillion government spending spree propped up by massive new tax hikes, this budget blueprint shamelessly panders to the Democratic base and does nothing to put our nation back on a sound fiscal footing,” he said.

“Rather than creating a simpler, fairer, more competitive tax system it adds complexity and confusion. It lacks fiscal responsibility, not ever reaching a balance, and does nothing to reform the greatest drivers of our debt – Medicare, Medicaid, and Social Security.

“This budget is partisan, not practical. Even the White House has conceded it will be a nonstarter with Congress. It’s time for the president to move past political talking points and start working with Republicans and Democrats to find consensus on policies that will expand the economy, create more jobs and provide bigger paychecks and better opportunities for the American people.”

Read more at WND:

http://www.wnd.com/2015/02/obama-proposes-tax-hikes-of-6461-per-person/

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