President Barack Obama has denounced what he referred to as a “ Trojan horse ” budget plan proposed by the House Republican, which he warns will hurt working class families.
Democrats claim the the $3.5 trillion budget proposal will dramatically reduce taxes for the wealthy while cutting into Medicare, highway projects, and college student aid programs. Obama was quoted criticizing the House Republican budget plan in a speech delivered during The Associated Press luncheon of publishers and editors:
“It’s a Trojan horse. Disguised as a deficit reduction plan, it’s really an attempt to impose a radical vision on our country. It’s nothing but thinly veiled social Darwinism.”
Representative Paul Ryan (R-Wisconsin), who proposed the $3.5 trillion budget which passed the House last week on a mostly party-line vote, released a statement in response to Obama’s attack against his budget plan in which he stated:
“History will not be kind to a president who, when it came time to confront our generation’s defining challenge, chose to duck and run. The president refuses to take responsibility for the economy and refuses to offer a credible plan to address the most predictable economic crisis in our history. Like his reckless budgets, today’s speech by President Obama is as revealing as it is disappointing: While others lead by offering real solutions, he has chosen to distort the truth and divide Americans in order to distract from his failed record. His empty promises are quickly becoming broken promises – and the American people will hold him accountable for this violation of their trust.”
Ryan’s $3.5 trillion budget plan may have very well passed the House on a near-party-line vote, however, the Democratic-led Senate immediately shot it down.
What are your thoughts on Representative Paul Ryan’s budget plan?
Barack Obama Speech On The 2012 Budget Video (April 13, 2011):
Source: Politico
