Home › Forums › Financial Markets/Economics › OT: 529 change proposal › SK in CV wrote:AN wrote: But
[quote=SK in CV][quote=AN] But its good to see where the president want to get more revenue for his spending.[/quote]
Your framing is revealing. At least so far, this isn’t a proposal to get more revenue or to increase spending. It’s a proposal to redirect tax expenditures.[/quote]hmmm… Washington Post: “President Obama unveiled an ambitious $3.9 trillion budget blueprint Tuesday that seeks billions of dollars in fresh spending to boost economic growth but also pledges to tame the national debt by raising taxes on the wealthy, slashing payments to health providers and overhauling the nation’s immigration laws.” http://www.washingtonpost.com/blogs/wonkblog/wp/2014/03/04/obama-budget-seeks-new-spending-new-taxes-to-boost-economy-tame-debt Yahoo: “Obama’s 2015 Budget Proposal: More Spending, Less Pretending” http://news.yahoo.com/obama-39-2015-budget-proposal-more-spending-less-141900462.html
I guess you know something they don’t. Now, that’s revealing.