Get ready America, Obama’s coming after your money.

“Congressional Democrats overwhelmingly embraced President Obama’s ambitious and expensive agenda for the nation yesterday, endorsing a $3.5 trillion spending plan that sets the stage for the president to pursue his most far-reaching priorities.

Voting along party lines, the House and Senate approved budget blueprints that would trim Obama’s spending proposals for the fiscal year that begins in October and curtail his plans to cut taxes. The blueprints, however, would permit work to begin on the central goals of Obama’s presidency: an expansion of health-care coverage for the uninsured, more money for college loans and a cap-and-trade system to reduce gases that contribute to global warming.

The measures now move to a conference committee where negotiators must resolve differences between the two chambers, a prelude to the more difficult choices that will be required to implement Obama’s initiatives. While Democrats back the president’s vision for transforming huge sectors of the economy, they remain fiercely divided over the details.”

One of those “difficult changes” has already been made. The Bush tax cuts are gone, and beginning next year will tax increases for those making over $42,000 a year to the tune of $2-4000 dollars more a year.

Of course as Americans wake up to not only less money in their wallets but more government control of their lives, the more Obama’s poll numbers will begin to sink. All of which makes him more of a one termer and the Democrat’s control of Government a lesser possibility in the coming elections.

Bank on it!