Letter: Obama keeps trying to spend more
Sunday, December 9, 2012
President Obama wants tax increases on the wealthy as well as other rate hikes. He is asking for approval by Dec. 31, for $30 billion to renew jobless benefits, and $25 billion to prevent cutting doctors' fees on Medicare patients. Also, he wants an undisclosed amount to help homeowners hit by collapse in real estate values.
Obama also wants $50 billion for a new stimulus package — wow! Question: where is he going to get all this money, when the middle class and wealthy run out of their jobs and money?
Folks, we are looking at a $20 trillion debt before 2016. We are losing our republic, our freedom, and even worse, our country. I believe it's time we wake up leadership of our country. That will bring us back to health and prosperity.
Lee Powers
Vancouver
