The Senate Democrats, writing their first budget resolution since winning control in Congress last fall, have produced a budget blueprint that:
* Raises taxes by $900 billion over five years and a projected $3.3 trillion over ten years;
* Translates into a tax increase of $2,641 per household annually over the next decade;
* Includes 22 reserve funds that could be used to raise taxes by hundreds of billions more;
* Increases discretionary spending by nearly 9 percent in FY 2008 and does not terminate a single program;
* Completely ignores the impending tsunami of Social Security, Medicare, and Medicaid costs;
via The Senate Budget: A $2,641 Per Household Tax Increase and No Entitlement Reforms.
