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
