WASHINGTON D.C. (Midwest Communications) - Wisconsin lawmakers from both parties took aim at the record deficits in President Obama’s new federal budget plan for 2011. House Appropriations Chairman David Obey says his panel will not exempt any agency from review, including the Pentagon. The Wausau Democrat says none of them are without waste. Janesville House Republican Paul Ryan said Obama’s $3.8 trillion package is riddled with more spending, taxes, and debt. The president’s budget includes new tax cuts for businesses and the middle class – but it raises taxes on the wealthy by letting the Bush tax cuts from 2001 and ’03 expire.
Obama also wants to allocate $300 billion to create jobs and help states and individuals weather the aftermath of the recession. Fond du Lac House Republican Tom Petri says it’s unacceptable to add $4,100 to the deficit for every man, woman, and child in the Badger State. Senate Democrat Russ Feingold says the budget tries to reign in wasteful spending – but the deficits will still have to come down. Milwaukee House Democrat Gwen Moore was not happy that the budget reduced funding for the clean-up of the Great Lakes by $175 million. Obama wants $300 million for the effort next year. White House budget director Peter Orszag says the president attacks the deficits with numerous changes in Medicare and Social Security, and dropping a tax preference for employers’ health coverage.
(from WTAQ-Green Bay)