The President has released his 2013 budget. Despite the rhetoric, this budget increases our deficit by at least $1.3 trillion and raises the overall deficit to $17 trillion.
This budget does not save any money; it reduces the planned increase in spending by a trivial amount. It will actually increase taxes on small business owners and stifle job growth. We will still be spending more than we take in through the myriad of excessive taxes and fees.