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Study: State of Union Proposals Would Boost Spending Over $20 Billion; Many Items too Vague to Estimate
January 26, 2011Taken together, the fiscal policies President Obama outlined in his State of the Union (SOTU) address would increase federal expenditures by more than $20 billion, but a lack of detail in many parts of the speech significantly obscures the actual price tag. That's the conclusion of the National Taxpayers Union Foundation's (NTUF) line-by-line SOTU analysis. President Obama's speech hinted at tax reform and spending restraint, but also opened the door to tax increases and major spending initiatives," said NTUF Senior Policy Analyst Demian Brady. "This leaves taxpayers wondering not only whether the federal budget deficit is headed upward or downward, but also by how much." Full release
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