Obama will quadruple the US budget deficit his first year in office.
And, he wants to spend trillions more for his Obamacare program.
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Obama admitted in an interview yesterday that his own spending is keeping him awake at night.
Rush Limbaugh got a chuckle out of that:
Sound bite here, it’s just ridiculous. It’s nonsensical. It is absurd. In a CNBC interview last night, Obama is asked about deficits, spending, taxing health care, and all of this. “Specifically are you open to curbing benefits for entitlement programs, more means testing, raising the retirement age for Social Security?” Listen to his answer here.
OBAMA: Well, uh, this is something that keeps me awake at night. There’s no doubt that we got a serious problem in terms of our long-term deficits and debt.
OBAMA: I make no apologizes…
RUSH: Stop the tape. Who created it? This is what’s absurd about this. He’s losing sleep over himself! Cue it back to the top. He’s losing sleep over himself. I’ll try to go through this without stopping again but it’s tough, folks. It’s tough to be lied to like this. It’s tough to be insulted like this, to have your intelligence insulted like this, and sit here and not saying anything.
OBAMA: Well, uh, this is something that keeps me awake at night. There’s no doubt that we got a serious problem in terms of our long-term deficits and debt. I make no apologizes for having acted short-term to deal with our recession.
OBAMA: I think the vast majority of economists, conservative and liberal, felt that extraordinary interventions were necessary to prevent us from slipping into a potentially deep depression.
RUSH: No, they don’t!
OBAMA: As soon as this economy recovers — and that means planning now and starting to take some steps now to deal with it — we’re going to have to close that gap between the going in and the amount of money going out.
RUSH: It’s a bunch of BS. Stop the spending! Look the stimulus isn’t working right, and so far only four to 7% of it has been spent? Cut the rest of it! It isn’t working. There’s at least $700 billion we could save, and you might be able to sleep a couple more minutes at night. (interruption) No, I don’t think he’s losing sleep over anything. I think this guy… If he can’t sleep it’s, because he’s excited. If he’s losing sleep, it’s because he’s excited. He cannot believe how easy it is to take over all this stuff! He can’t believe how easy it is to fool all these people. He can’t believe what a stroke of good luck that an opposition party doesn’t exist. He can’t believe that there’s not one Republican that will stand up and say, “Stop this!” I’m sure he can’t… Well, I take it back. With this guy’s ego, he probably is focused on Fox. He’s never been criticized in his life. He’s never been laughed at. I mean, folks, this is just… This is like Colonel Sanders saying, “We gotta stop killing and eating chickens.” Now, there this next one. After saying, “We’re going to do all this stuff. We gotta stop this recession.