Today the administration offers a plan for funding his "Jobs Plan." It involves certain tax loopholes and subsidies being eliminated - in other words, a tax hike for many. But here is the important part they are kinda down playing - the cuts (or "savings" as they call them) will not take effect until 2013 (so the next administration can take the heat), and it will take 10 years for it to equal the funds needed. And there is no guarantee a new Congress will continue those cuts. Meanwhile, Obama is calling to spend the $447 billion NOW!
In short, we would be getting on our knees before China, hat in hand, asking for yet another loan...
Sorry to tell ya this, Mr. President, but I believe the folks told you in November what they think about your constant borrowing and spending. They said "ENOUGH!"
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