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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Feb 16, 2012/ 23 Shevat, 5772

President Obama Punts on US Deficit

By Debra J. Saunders

Debra J. Saunders



http://www.JewishWorldReview.com | In February 2009 -- having signed into law his $787 billion stimulus package -- President Barack Obama made a pledge to the nation. "Contrary to the prevailing wisdom in Washington these past few years," the president noted, "we cannot simply spend as we please and defer the consequences to the next budget, the next administration or the next generation." Obama already had noted that he'd "inherited a $1.3 trillion deficit -- the largest in our nation's history." A month into office, Obama announced, "Today I am pledging to cut the deficit we inherited in half by the end of my first term in office."

He meant well, but it isn't going to happen.

This week, the administration presented a $3.8 trillion budget. The 2012 fiscal year will close with a $1.3 trillion deficit; the deficit for 2013 is expected to be $900 billion. And that's assuming Obama can push through $1.5 trillion in tax increases, mostly on the rich, over 10 years -- which no one expects to happen.

There's no appetite to pass the Obama budget in the Democratic-led Senate. White House chief of staff Jack Lew even told CNN: "You can't pass a budget in the Senate of the United States without 60 votes, and you can't get 60 votes without bipartisan support. So unless Republicans are willing to work with Democrats in the Senate, (Majority Leader) Harry Reid is not going to be able to get a budget passed."

It was a telling statement -- because it's not true. As a former budget director, Lew knows that budget bills pass on a majority vote. The Senate passed a 2009 budget resolution with 48 votes.

Last year, the Senate rejected the Obama budget in a resounding 97-0 vote.

Obama's eager enablers will argue that the president can't deal with Republicans. Nonsense. Congress is about to cut a deal to extend the payroll tax holiday, unemployment benefits and the "doc fix" to prevent cuts in Medicare payments through the end of the year. The compromise is expected to add $100 billion to the deficit. When a spending bill adds to the deficit, both parties can and do work together.

But to cut the deficit in a meaningful way, the president has to lead.

Obama does not face easy choices. Democrats believe that cutting federal spending could undermine the recovery. Republicans believe that tax increases would do likewise. Members of both parties fear that the other side has a point.

Neither Republicans nor Democrats are willing to tell the public what sacrifices Americans will have to make in order to pay off the $15 trillion national debt. So another year goes by, with another $1 trillion of debt.

If the president aggressively embraced entitlement reform, there would be a light at the end of the tunnel. But Obama punted.

In 2009, the president predicted what will happen if Washington fails to curb the deficit: "We risk sinking into another crisis down the road as our interest payments rise, our obligations come due, confidence in our economy erodes and our children and our grandchildren are unable to pursue their dreams because they're saddled with our debts."

With the latest Obama budget, I don't see any other end in sight.

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© 2012, Creators Syndicate

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