A Budget Speech

The (AP) news headlines from yesterday read:

Obama budget could bring $9.3 trillion in deficits
WASHINGTON – President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday.

Wow! Well I am just about speechless about this, but I came acros a historic speech which I feel could be applied to this occasion.

Excerpts from Gladstone's attack on Disraeli's Budget (1852)
('A Budget which may imperil our safety')

"I vote against the Budget…, not only because I disapprove upon general grounds of the principles of that Budget but emphatically and peculiarly because in my conscience is my firm conviction that the Budget is …the most subversive in its tendencies and ultimate effects which I have ever known submitted to this House.

It is the most regardless of those general rules of prudence which it is absolutely necessary we should preserve…Sir, the… is a noble assembly, worthy of its historical and traditional associations; but it is too much to expect that we should teach the executive its duty in elementary matters of administration and finance…

You are now asked to vote for a Budget which consecrates, as it were, the principle of a deficiency, and which endangers the public credit of the country, and which may peril our safety—if, indeed, the circumstances of the present day are circumstances of uneasiness;…

I say, then, that I vote against this Budget, feeling that in giving that vote I do the work, so far as depends upon me, which you ought to join with me in doing.

I do not express that sentiment in an offensive, manner, but I say it because I feel deeply attached to the institutions of the country,…and I feel it my duty to use that freedom of speech which I am sure, … you will tolerate, when I tell you that if you give your assent and your high authority to this most unsound and destructive principle on which the financial scheme of the Government is based…,

My belief is that the day will come when you will look back upon this vote—as its consequences sooner or later unfold themselves—you will look back upon this vote with bitter, but with late and ineffectual regret."