There were some strong words from the President in the past two days stating that he will now turn to being responsible with the money he is spending while blaming the reason he has overspent on his predecessor.

In a morning press conference the President blamed his spending in the current budget on being in Two Wars and a Medication Plan instituted for Senior Citizens.

This is amazing because if a plan that reduced the hole for seniors where medications were not covered was so expensive and caused this years debt how could he even imagine covering prescriptions for everyone in the United States under his Health Care Plan.

These are his words and if you did not hear our president say them you should hit YouTube or another major News organization or CSPAN.

However the problem is not that he is blaming the 1.6 Trillion he overspent on everything but himself it is that he is now planing to institute taxes on everyone in every tax bracket.

His new budget just introduced is based on approximately 1 Trillion dollars of revenues from increasing the costs of Electricity Production.

This is expected to double the average bill for everyone that pays an electric bill. It will also raise prices of food and other necessities.

In addition if you happen to have some investments for your retirement the President just raised the tax on those investments with with the tax on dividends jumping to 39.6 percent from 15 percent.

So if you happen to have some income in your 401k or other investments you just got hit by a Tax Increase of 164%…

On another note the President’s budget now protects investments in programs for women while he will make cuts in programs for men…

THIS IS UNJUST…

Every year more men die from cancers restricted to their gender because research dollars are not spent on Colon, testicular or prostate cancers … while programs for breast cancer and other female specific diseases are everywhere.

Will the President be drinking more beer while he tries to explain that?

Yes, if the President’s budget goes through you will lose your right to claim sales tax deductions, college tuition and living expenses, $1,000 in property taxes on your home and you will be taxed on the first $2,400 of your unemployment benefits…

The President doled out a trillion and a half last year and will do the same this year … his friends got rich but no one else saw anything.

Now you get to pay for it.