Obama Threatens to Veto Republicans Spending Cuts

Obama Threatens to Veto Republicans Spending Cuts Scotty Starnes | February 15, 2011 at 9:23 PM | Tags: Obama's budget, President Obama, Republican spending cuts, veto | Categories: Political Issues | URL: http://wp.me/pvnFC-4r6

Giving Americans more of their money goes against Obama's redistribution of wealth scheme.

The Hill reports:

The Obama administration on Tuesday threatened to veto the House GOP's measure funding the federal government. 

In a statement of administration policy, the Office of Management and Budget said cuts included in the Republican continuing resolution would hamstring the U.S. economy and compromise national security.

Obama and the Democrats spent over $3 trillion in two years and the economy is still in a recession and unemployment has been above 9% for 22 straight months. I believe spending money we don't have puts doubt in the economy, thus no job creation.

"If the president is presented with a bill that undermines critical priorities or national security through funding levels or restrictions, contains earmarks or curtails the drivers of long-term economic growth and job creation while continuing to burden future generations with deficits, the president will veto the bill," the statement said. 

We have lost over 3.3 million jobs since Obama started spending.

The White House said the cuts in the GOP plan "will undermine our ability to out-educate, out-build, and out-innovate the rest of the world."

The government is the reason we can't out-educate, out-build or out-innovate the rest of the world. The unions, Obama's regulations and the high corporate tax rates is the reason our economy sucks and unemployment remains high.

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