… steal from me over and over and over again, shame on you even more.
President Obama sold the $862 billion in stimulus spending as “targeted, timely and temporary.” Critics said that was highly unlikely, and now the 2011 Obama budget has proven them right.
To wit, the White House is proposing to convert spending sold as a one-time economic boost into a permanent feature of future government growth. As both the Tax Policy Center and the Committee for a Responsible Federal Budget have pointed out, supposedly temporary parts of the stimulus—expansions of the earned income tax credit, the child tax credit and Pell Grants for college students—have now found their way into the budget baseline.
True to the way Mr. Obama has honored his campaign pledge of transparency, this news was buried in a footnote on page 170 of the budget’s Analytical Perspectives.
The entire Op-Ed is here.
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