GOP Budget Only Cuts $6 Trillion of Obama's $10 Trillion Debt Over Next 10 Years

The Congressional Budget Office (CBO) last month released an analysis of the Obama administration’s budget proposal for the 2012 fiscal year and for the coming decade, and apparently Obama underestimated his budget proposal’s impact on the national deficit and debt. The CBO wrote that "Federal debt held by the public would double under the President’s budget, growing from $10.4 trillion (69 percent of GDP) at the end of 2011 to $20.8 trillion (87 percent of GDP) at the end of 2021.”

Over the next 10 years Obama plans to add another $10 trillion in debt to the bill that our children and grandchildren will owe for services and goods for their parents and grandparents; this is in addition to the over $4 trillion that he has already amassed in debt in only 3 years and assumes that Democrat's policies will lead to lower healthcare costs and steady economic growth, both of which are unlikely. These policies continue to be supported by Democrats in Congress such as my Congressman Gary Peters and Senator Debbie Stabenow, who have done nothing to put the brakes on Obama's attempt to destroy the future of our nation by burying it under mountains of debt, much of it now owed to foreign governments like China.

Via memeorandum I see that the Republicans have unveiled a proposal in the House which will cut $6 trillion of that debt out, resulting in a growth in debt of only $4 trillion,  meaning that under that proposal our government will continue to amass mountains of debt that will still destroy our nation. That's right, you heard me correctly- even with the 'extreme' GOP proposal, our nation will continue to live beyond its means and do so by borrowing from our future, owing to tyrants, restricting our future prosperity because of higher interest payments, and weakening the institutions on which the citizens of our future depend. Even with a $6 trillion cut, our nation's life, liberty, and property will be less protected and secure.

Democrats are expected to fight this GOP cut tooth and nail as they to push for more and more spending so that not only is our nation destroyed at the slow pace of the Republicans are now suggesting or the fast pace of Obama's budget, but apparently at an even super fast pace of utter destruction and collapse as fast and irresponsibly as possible. Stabenow, Peters, and Democrats in Congress are irresponsibly destroying our future because they know that if they promise people things that they did not earn or work for, they will get elected, regardless if it means that in the future my children and grandchildren will have a lesser life. This rush into destruction, encouraged by our Destructor-in-Chief and his Destructor Party, is only going to be slowed by GOP proposals like the one they unveiled yesterday.

Let me be clear- $6 trillion in cuts to a debt over $10 trillion over the next 10 years are not enough. The Federal government should balance the budget NOW and stop stealing wealth from my kids. The Republicans haven't gone far enough, and the Democrats should be ashamed of themselves for opposing these paltry cuts which only slow the theft of wealth from my children but do not stop it.

UPDATE: This post earlier used the first number that Ryan released, $4 trillion. I have since updated it with the new number, $6.2 trillion, and changed nothing else, since my point remains- whether it is $6 trillion in debt or $4 trillion in debt, that's too much to pass on to our children. Ryan didn't go far enough.