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RUSH: I have an idea. I have an idea for the Republicans. Greetings, welcome back, great to have you, Rush Limbaugh, serving humanity just by being me. I mean that’s essentially what happens here. When I show up and the microphone goes on, a nation comes to a screeching halt to listen and learn. Telephone number if you want to be on the program, 800-282-2882, and the e-mail address, ElRushbo@eibnet.com.

Now, Obama’s out there speaking to these skulls full of mush today, and he said, “We can’t spend more than we take in.” Now, there’s a possible second meaning to this. We’re sitting here and we are incredulous that he be such a goofball. He’s the architect of spending more than we take in. So it could well be — remember, now, my theorem is that what Obama’s doing here is simply providing the national media some sound bites. This audience is just a bunch of props. He’s providing the national media with a bunch of sound bites to use uncritically in his campaign. Now, if you’re Obama, and this is a likelihood, if you’re Obama and you say, “We can’t keep spending more than we take in,” it could be a prelude to, “So I’m going to raise taxes. We have to raise taxes.” You know, we must consider that as the way he’s thinking. The most profligate spender in the history of spenders, we hear him say, “We can’t spend more than we take in,” and we think, how can somebody be so stupid to say this? How can he continue to say these things when he is the architect of it?

Now, I know, we pointed out yesterday, if we were to confiscate — well, let’s put it this way. If Obama got every tax increase he wanted it would not offset his spending. The Wall Street Journal had a story on it yesterday. We looked at it in even greater detail, if you confiscate all the wealth, the income, confiscate the income in this country, you’re looking at, what, $2 trillion, a little over $2 trillion. We’re spending $3.5, almost four. There’s no way that you can confiscate or tax enough to cover what we’re spending. But he doesn’t care about it. He’s setting the table here. He’s establishing the rationale for we need to raise taxes. That’s the reason for it. We can’t spend more than we take in, meaning we better start taking in more. He doesn’t mean we better start spending less.

So here’s my idea, and knowing full well it will never happen, but I still nevertheless propose it as one who cares deeply and loves amazingly this country. Republicans propose a budget to Obama tomorrow. We call it the “we can’t spend more than we take in budget.” We cut spending to revenue. We totally head him off at the pass on tax increases. We present a budget that cuts spending to revenue and we call it the “Obama Says We Can’t Spend More Than We Take In” bill. And we give him credit for it. We give him the credit for inspiring the legislation. We say that we saw him make the speech to the students at the junior college in Virginia and a light went off, a great idea. We wish we had thought of it in such simple terms. You can’t spend more than you take in. So we propose the “Obama Says We Can’t Spend More Than We Take In” bill. Pass it. Republicans in the House propose it and pass it. Call his leftist bluff, head him off at the pass on tax increases. He’s using poll-tested language in lieu of actually running the executive branch. So wrap him up in his own words. Everything he’s doing is poll tested. When’s the last time you heard Obama say, “We can’t continue to spend more than we take in.” That’s focus group research. Call his bluff.

You know what else I would do? I would pass a bill right now in the House that restored the $500 billion in Medicare cuts. Damn straight. He’s out accusing us of wanting to take seniors out of their houses and give ’em dog food and so forth. So what we do, we pass a bill right away in the House that restores the $500 billion Obama took from Medicare to fund Obamacare. And we spend it twice. We call it the “Save Medicare from Obama Medicare” bill. Now, my spies telling me listening to ABC Radio News at the top, indeed audio sound bites from Obama today, among them, “We can’t spend more than we take in. Shared responsibility.” Exactly what I thought. The speech is already being used for these sound bites by national news uncritically, praising Obama with the guts to face this. People are trying to keep their jobs. They’re trying to find jobs. They’re trying to save their homes. They’re trying to save their business, and this guy talks about shared responsibility, which means turn your backs on your families and give more to him to redistribute. That’s what he is defining as sacrifice. Forget taking care of your family, I’ll do it via taxes and the redistribution of your money.

My gosh, folks, we’re being handed this guy on a silver platter here. But we’re not gonna get there if we’re gonna continue to cower in fear over how to deal with the guy.

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