President’s Budget a Blueprint for More Debt
Monday, February 13, 2012Joe Brenckle 202-224-2465
Washington, D.C. – U.S. Senator Mike Enzi, R-Wyo., a senior member of the Senate Budget Committee released the following statement today in response to President Obama’s proposed budget for Fiscal Year 2013:
“Despite his promises of fiscal discipline and cutting the deficit in half by the end of his first term, President Obama today presented the American people with another budget that spends too much, borrows too much and taxes too much. Four years of trillion dollar deficits is not just poor policy, it’s a failure of leadership that ignores our debt crisis and punts the tough decisions until after the next election.
“No amount of blaming or budget gimmickry can hide the fact that this budget and the President’s past budgets have grown the deficit and put our economy on ever more shaky ground.
“Everyone from the Congressional Budget Office to the President’s own deficit commission agree that spending needs to be cut. Congress can take the lead by passing a budget that includes strong deficit reduction provisions and sets us on a path out of our $15 trillion debt. When you’re in a hole, you stop digging. When you’re broke, you stop spending.”
- Harkin: Jobs Report Emphasizes Need to Renew Federal Unemployment Insurance [Chairman]
- GOP Senators Call For Details on Administration Plan to Grant Exemptions from Electronic Health Records Regulations [Ranking Member]
- New Report: 57 Percent of Small Business Owners Support Harkin-Miller Proposal to Raise Minimum Wage to $10.10 [Chairman]
- Bicameral Coalition of Lawmakers Supports FDA’s Proposed Rule to Protect Consumers of Generic Drugs [Chairman]
- Alexander: Obama 10-Year Budget Never Balances, Adds $8 Trillion to Federal Debt [Ranking Member]
- Harkin, Whitehouse, Eshoo, and Lance Applaud Development of Pancreatic Cancer Research Framework [Chairman]