HBC Publications
The President’s First 100 Days and the Budget
Despite claims of “fiscal responsibility,” the administration’s actual budget actions and proposals constitute a sweeping expansion of government, and extraordinary increases in spending, taxes, deficits, and debt. In his first 3 months, the President has signed a $787-billion “stimulus” bill; enacted a $406.7-billion omnibus, which increased nondefense appropriations by 10 percent just for this year, and included 9,000 earmarks the administration dismissed as “last year’s business”; and increased this year’s deficit by more than $600 billion
But those are only the highlights. Here is a budgetary timeline of the Obamagenda for its first 100 days.
Read the full report here.