National liberal fiscal insanity, or why Utah needs a spending amendment

As noted on The Weekly Standard blog, the acting director of President Obama’s Office of Management and Budget wrote an op-ed published across the country, as well as put up on the White House blog, claiming that “the President’s Budget … shows how we can live within our means while further growing the economy, strengthening the middle class, and securing the nation’s future.”

This budget, according to White House budget projections, adds nearly $5.3 trillion to the national debt between 2014 and 2023 and creates annual deficits ranging from $439 billion to $744 billion over that time period. For perspective, adding $5.3 trillion to the national debt is the equivalent of adding nearly $17,000 in debt for every man, woman and child in America in 2012. And this, to America’s liberal political leaders, is what “living with in our means” looks like.

Read the rest of this post here at Sutherland Daily.