The administration has just put out it's proposed Federal budget which proposes to spend $3.83 TRILLION dollars while only taking in $2.27 Trillion dollars leaving a budget deficit of 1.56 Trillion dollars...

http://www.realclearpolitics.com/news/ap/politics/2010/Feb/01/obama_unveils__3_83t_budget_with_massive_deficits.html

This is actually a little (as in a tiny weeny bit...) better than the worst of fears... but needless to say we have a LONG LONG LONG way to go to improve things.

I am still clinging to my belief that the economy is soundly well underway to recovery as I posted below..  I sense (chuckle..) some "hesitant disbelief" on the part of some who question such a practical "just looking at the facts" statement..  (comments like: "ARE YOU CRAZY?!? come to mind...)  I even called my college room-mate last night to get his take... and offered my sound... reasoned.. facts... when... I... could... interject... them.  In the course of a 45 minute conversation.. my facts.. "4th quarter GDP GROWTH of 5.7%" were generally rebuffed in... "Well I don't believe the Gov't.. they are playing with the numbers...  They are CRAZY!!...  Nobody in WASHINGTON HAS A CLUE about the economy.. so forth and so on..."  over the 45 minutes I got to speak for about 5 while listening... calmly... with cool reserve... about a 40 minute rebuttal... "fine talk to you later."

I must say.. if this attitude is representative of a large segment of the Country.. and I fear it just may be.. then I must join along with MY PRESIDENT in reminding you that this is America.. the home of the free and the brave.. dang it.. and if we can put a man on the moon as well as storm the beaches of Normandy.. we can surely dig our way out of a little recession... "I ain't skeared of no recession.."  uhum..

So.. now.. with that out of the way.. back to the business at hand.

1) The government is spending too much.  By my estimation.. with the help of the Heritage Foundation.. http://www.heritage.org/research/features/BudgetChartBook/Federal-Government-Revenues-Have-More-Than-Tripled-Since-1965.aspx

The US government has the ability to take in about $2.5 Trillion dollars which improves over time as the economy grows..  Therefore WE ARE SPENDING ABOUT $1.3 TRILLION TOO MUCH!!!

I believe the average household paying $21,616 should suffice for our Federal Government.. if you can't run the government on that.. then you might as well quit and start all over.

http://www.heritage.org/research/features/BudgetChartBook/Images/taxes-tax-rates_05-580.jpg

2) The Global Warming Movement is DEAD!! 

http://blogs.the-american-interest.com/wrm/2010/02/01/the-death-of-global-warming/ 

As it should be Climategate has thoroughly exposed this fraud for what it is and it will take years for the Science of Climate Change to regain any form of respectability as ANYTHING that the CRU has done will now have to be totally re-looked at..  For example, this morning on CNBC.. Erin Burnett reported that in order to reduce the Carbon Footprint it was proposed that in Spain Aircraft would shift their engines into idle and Coast the last 100 miles before approaching their destinations then RESTART the engines to land...  Her question to Mark Haines.. "would you fly on such an airline that did that?"

As I said the Global Warming movement is dead..  However, I would take a good hard long look at the Carbon footprint of Several of the Federal Government's Agencies.. Such as the Dept's of Education.. Dept of Energy.. MOST CERTAINLY the EPA as well as others and see if the Gov't's Carbon Footprint could be lessened and the hundred's of thousands of Public servants more gainfully employed elsewhere in the private sector.  The savings could go towards meeting the over $ 1 Trillion dolllars that the government is spending BEYOND it's means...

3)The President is correct is saying that the growth in entitlements are un-sustainable..

http://www.heritage.org/research/features/BudgetChartBook/Entitlements-Alone-Eclipse-Historical-Tax-Levels-by-2052.aspx

However, using this as a starting point to reform health care and then veering off the path so badly that he had to admit that he broke his initial promise last week in Baltimore speaking to Republican's...

http://realclearpolitics.blogs.time.com/2010/01/29/obamas-stunning-admission/

The last thing I will say, though -- let me say this about health care and the health care debate, because I think it also bears on a whole lot of other issues. If you look at the package that we've presented -- and there's some stray cats and dogs that got in there that we were eliminating, we were in the process of eliminating. For example, we said from the start that it was going to be important for us to be consistent in saying to people if you can have your -- if you want to keep the health insurance you got, you can keep it, that you're not going to have anybody getting in between you and your doctor in your decision making. And I think that some of the provisions that got snuck in might have violated that pledge.

[emphasis added]

Invites this response about last year's Year long wasted effort to pass health care.. "We get it.. We just DON'T LIKE IT."

http://www.baltimoresun.com/news/opinion/oped/bal-op.smith0129,0,7869044.column

One of the problems the "educated class" seems to be having is that they, with rare exception, are weathering the Great Recession rather well. The under-educated, i.e. less privileged, are not. There is a great difference in their respective perspectives. One out of five American men in prime working age -- mid-20s to late 50s -- are without a job. They know the government has failed them. They understand this didn't begin a year ago when Mr. Obama took office. They know public spending is totally out of control and portends economic disaster not very far down the road. They also understand that the current occupant of the White House and the Democratic Congress have made things worse, rather than better. Those of them in Massachusetts sent quite the message by electing Republican Cosmo centerfold Scott Brown to the Senate seat long occupied by the late Democratic stalwart Ted Kennedy.
...

  Perhaps, but the idea that his drooping poll figures and the Republican electoral wins in Massachusetts, Virginia and New Jersey are the result of an epidemic of misunderstanding is ludicrous on its face. We understand what he and Nancy Pelosi and Harry Reid want, and we're opposed to it. We know the present health care system is heading for a financial crack-up, but we also know that the proposed cure that was cobbled together in an untidy, indecipherable monstrous piece of pork-ridden, bribe-filled legislation would make things worse, not better. We get it. We just don't like it.
...

Disenchantment with the Obama presidency and the Democratic stranglehold in Congress is widespread and not confined to Republicans, Tea Partiers and Libertarians. Earlier in the week, I talked with David Michael Green, a devout "progressive" who teaches political science at Hofstra University in New York. He has written a powerful polemic, "How to Squander the Presidency in One Year," in which he says, "There's only one political party in the entire world that is so inept, cowardly and bungling that it could manage to simultaneously lick the boots of Wall Street bankers and then get blamed by the voters for being flaming revolutionary socialists.

Well that's a pretty strong indictment of the current state of affairs.. to be honest President Obama has not been very well served NOR HAS THE COUNTRY by the Democratic leadership in Congress.. Speaker Pelosi and Majority Leader Reid need to catch the next train out of town.. the sooner the better.

Now as far as fixing the mess.. we are down to some VERY HARD CHOICES which will be painful.. However EVERYTHING including doing nothing will be painful at this point.  We have to restore the balance between income and expenses in the Federal Government which means reforming entitlements..

http://www.youtube.com/watch?v=6ahEDaeTjZY

It simply has to be done..

http://www.heritage.org/research/features/BudgetChartBook/Entitlement-Spending-Deficit-Problem-Could-Resolve-Without-Tax-Increases.aspx

We do not need to waste more federal dollars on trying to create jobs.. the economy is growing leave the private sector alone!!  and it will heal itself..  Government needs to fix Government.

I yield the floor..