The Budget (February 2011)

President Obama’s budget proposal takes some important first steps to address the challenge of surging federal deficits and debt, but we’ll need to do a lot more if we want to actually solve the problem.

Earlier this week, President Obama released his latest budget proposal, which takes some important steps toward putting this country on a more sustainable path.

Through 10 presidential administrations and 28 sessions of Congress, Americans planned and paved a state-of-the-art highway network.

President Obama’s 2012 budget builds a solid foundation for congressional Democrats to put America’s middle class back to work and build a 21st century economy. Recognizing that national debt and deficit reduction is a long-term project, the president’s budget starts this painful but important process. 

President Obama’s budget took hundreds of pages to deliver one essential message: “Republicans, you’re on your own.”

President Lincoln, who led our nation through a time of great crisis, warned us that a house divided against itself cannot stand. 

As a business owner for almost 30 years, I spent my day pinching pennies until they turned into nickels. I understand the responsibility that goes into signing the front of a check, balancing a budget and making tough decisions on where to cut, where to save and where to grow.