President Obama proposed $4 trillion federal budget would raise taxes $2.1 trillion, or $6,461 per person, but would spend $2.4 trillion more, drawing a “dead-in-the-water” reaction from members of Congress who will write the bill.
ut it was Senate Finance Committee Chairman Orrin Hatch, R-Utah, who unleashed on the president.
“The president’s budget is a retread of the same top-down redistributive policies that have failed to lift hard-working American families and promote a strong and healthy economy. A $4 trillion government spending spree propped up by massive new tax hikes, this budget blueprint shamelessly panders to the Democratic base and does nothing to put our nation back on a sound fiscal footing,” he said.
“Rather than creating a simpler, fairer, more competitive tax system it adds complexity and confusion. It lacks fiscal responsibility, not ever reaching a balance, and does...
