Obama has plunged the US into debt for generations to come.
And in just one month, CBO estimates had to be revised to show that we will be forced to borrow $9.3 trillion over the next ten years, which is $2.3 trillion more than Obama predicted just a month ago!
• The result, according to the CBO, would be a national debt that threatens the full faith and credit of the American monetary system with a national debt in excess of 82% of the entire economy by 2019.
But it seems he isn't done spending your money just yet. In addition to his health care plan, Obama also plans to spread the wealth around the Muslim world-
On education, we will expand exchange programs, and increase scholarships, like the one that brought my father to America, while encouraging more Americans to study in Muslim communities. And we will match promising Muslim students with internships in America; invest in on-line learning for teachers and children around the world; and create a new online network, so a teenager in Kansas can communicate instantly with a teenager in Cairo.
He can't afford to continue the Washington DC school voucher program but he can do this for foreign students?
And that's not all-
On science and technology, we will launch a new fund to support technological development in Muslim-majority countries, and to help transfer ideas to the marketplace so they can create jobs. We will open centers of scientific excellence in Africa, the Middle East and Southeast Asia, and appoint new Science Envoys to collaborate on programs that develop new sources of energy, create green jobs, digitize records, clean water, and grow new crops. And today I am announcing a new global effort with the Organization of the Islamic Conference to eradicate polio. And we will also expand partnerships with Muslim communities to promote child and maternal health.
Obama is so generous with your money. Any guesses as to how much these programs are going to cost?