Last week President Obama concluded one year in office with his first State of the Union address. During his speech he emphasized the need for financial/budgetary restraint, he promised to examine every bill line by line and proposed a three year freeze on spending. Critics immediately pointed out the “freeze” was equal to 1% of the budget and that it would not begin until the 2012 fiscal year. President Obama justified this delay arguing the delay was needed to allow the economy to grow and called it budgeting.

This of course started us to wonder… What does a financially responsible budget designed to build economic growth actually look like in President Obama’s eyes?

As if to answer our question, on Monday President Obama released his proposed 2011 budget. The following…

Click on this article’s title to continue reading & compare the Budget items from 2009 to Obama’s 2011 proposed budget…