creators.com opinion web
Liberal Opinion Conservative Opinion
Daily Editorials
22 May 2015
A Merged Monsanto Should Stay Right Side Up

Last summer, Illinois Democratic Sen. Dick Durbin led a successful effort to persuade the Walgreen Co. not to … Read More.

22 May 2015
Tools for Policing Changing Quickly

Ingrained in our national DNA from the outset has been the idea that the police and military are separate … Read More.

21 May 2015
Prescription for Lower Drug Costs

When the federal government added a prescription-drug benefit to Medicare, Congress and then-President George W.… Read More.

Pricing Obama's State of the Union Wish List

Comment

President Barack Obama outlined a litany of proposals in his State of the Union address that he said would have a positive economic impact on the United States. As expected, his approaches would require substantial government spending and the commitment of taxpayer dollars. If Obama were successful in implementing all the programs he proposed last week, just how much would it cost taxpayers?

The National Taxpayer Union Foundation estimates that the president proposed $20.7 billion in new federal discretionary spending. NTUF, the research affiliate of the National Taxpayers Union, an advocacy organization for lower taxes, small government, government accountability and economic freedom, has been conducting these State of the Union economic impact reports since 1999 and has been tracking the fiscal impact of proposed legislation more broadly since 1991.

The taxpayer group highlighted the following from Obama's address:

— He proposed 18 items with a potential impact on federal expenditures: three that would reduce the federal budget, eight that would increase it, and seven whose effect was too vague to be estimated.

— The largest single cost was the president's infrastructure proposal.

Based on his plans outlined in the American Jobs Act, the projects in this initiative cost more than $11 billion annually.

— In short, for every dollar he hopes to save in domestic programs, Obama is counting on saving $128 on defense.

According to the NTUF, it is "a price tag that could only be offset by substantial defense reductions and major tax hikes." NTUF analysis concluded the president called for $48.7 billion in cuts to defense and homeland security.

In this year's State of the Union, President Obama's called for less new spending than last year. In 2011, he called for $21.35 billion in outlays, the foundation said. By comparison, President George W. Bush called in 2006 for less than $1 billion in new discretionary spending and no new military spending that year. In 2008, Bush used his State of the Union message to propose $24.75 billion in discretionary spending and $109.89 billion in defense and homeland security expenditures.

REPRINTED FROM THE ORANGE COUNTY REGISTER

DISTRIBUTED BY CREATORS.COM



Comments

0 Comments | Post Comment
Already have an account? Log in.
New Account  
Your Name:
Your E-mail:
Your Password:
Confirm Your Password:

Please allow a few minutes for your comment to be posted.

Enter the numbers to the right:  
Creators.com comments policy
More
Newspaper Contributors
May. `15
Su Mo Tu We Th Fr Sa
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6
About the author About the author
Printer friendly format Printer friendly format
Email to friend Email to friend
View by Month
Marc Dion
Marc DionUpdated 25 May 2015
diane dimond
Diane DimondUpdated 23 May 2015
Mark Shields
Mark ShieldsUpdated 23 May 2015

25 Nov 2013 U.S. Generosity to Refugees Carries Risk

2 Jan 2014 Support New Energy Production in 2014

3 Aug 2010 Unhealthy Numbers