Obama Blasts Republicans for 'Not Moderating Their Views Even Slightly'
(CNSNews.com) – President Barack Obama delivered ominous warnings about the Republicans’ budget proposal Tuesday, accusing them of “doubling down” on trickle-down economics:
“Some people who are running for a certain office right now – who shall not be named – they’re doubling down on these old broken-down theories,” Obama told students at Florida Atlantic University in Boca Raton. He was referring to Mitt Romney.
“Instead of moderating their views even slightly, instead of saying, you know what, what we did really didn’t work and we almost had a second Great Depression, and maybe we should try something different, they have doubled down.”
Romney has endorsed the House-passed budget written by Rep. Paul Ryan (R-Wis.).
“They proposed a budget that showers the wealthiest Americans with even more tax cuts, and then pays for these tax cuts by gutting investments in education and medical research and clean energy, in health care,” Obama said.
Obama warned the students in his audience that the Republican tax cuts could cut their average financial aid by more than $1,000.
“Now, thousands of medical research grants for things like Alzheimer’s and cancer and AIDS would be eliminated,” Obama continued. “Tens of thousands of researchers and students and teachers could lose their jobs. Our investments in clean energy that are making us less dependent on imported oil would be cut by nearly a fifth.”
Obama, who is demanding tax hikes on rich Americans – including himself -- continually blasts Republicans for refusing to raise taxes on the nation’s wealth-creators.
The Ryan budget does not cut taxes, but it does maintain the Bush tax rates, while closing numerous tax breaks. It also reduces government spending and moves toward an eventual balanced budget, while reforming entitlements.
The president’s budget proposal never attains a balanced budget, and Senate Democrats have refused to offer a budget of their own.