The Democratic Bill Will Nationalize Healthcare & Initiate Cap & Trade Limits
The Obama budget passed without a single GOP vote:
The US House just passed another historic spending bill despite the fact that the US debt is so large that America couldn’t qualify to join the EU if it wanted to.
President Obama expects the deficit level to be 12% of GDP this year larger than Great Britain’s record 10% deficit to GDP.
According to Heritage, Obama will quadruple the deficit this year.
But that’s not all…
The Obama budget will nationalize healthcare and propose cap and trade limits on the economy.
Reuters reported:
The U.S. House of Representatives on Thursday approved a $3.45 trillion budget blueprint largely in line with President Barack Obama’s proposal after defeating a Republican alternative that slashed spending and taxes.
The Senate is working on its own budget for the fiscal year that begins Oct. 1 and any differences will have to be worked out. The budget legislation is nonbinding but sets guidelines for spending and tax measures that will be considered later this year.
The House Democrats budget would also allow legislation to overhaul the $2.5 trillion U.S. healthcare system to be considered in a speedier manner.
The proposed democratic Green Legislation will cost Americans $3 trillion and accomplish nothing.
Previously:
**Cap and Trade Will Cost US 4 Million Jobs
**WH Budget Director Orszag Admits Obama’s Policy Will Increase Energy Costs
**Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket (Video)
**Obama’s Solar Panels Will Take 110 Years to Pay For Themselves
** 2.2 Jobs Lost For Every New Green Job
** Democrat’s Proposed “Green Policies” Will Cost US At least $3 Trillion & Accomplish Nothing
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