Tuesday, August 25, 2009

Boehner Statement on New Federal Deficit Projections

House Republican Leader John Boehner (R-OH) issued the following statement on the new federal deficit estimates released by the nonpartisan Congressional Budget Office (CBO) and the Obama Administration’s Office of Management & Budget (OMB):

“Today’s reports confirm what the White House has been trying to hide: the Democrats’ out-of-control spending binge is burying our children and grandchildren under a mountain of unsustainable debt. Instead of putting the brakes on Washington’s spending habits as they promised they’d do, Democrats have stepped on the accelerator and spent taxpayer dollars with reckless abandon all year, refusing to make tough choices and putting all the sacrifice on future generations. That’s not leadership; it’s negligence.

“The costly government-run health care plan put forth by President Obama and Speaker Pelosi is just the latest in a long line of expensive Democratic experiments that will add to the deficit, raise taxes on families and small businesses, and cost more American jobs. It’s time for the Administration and congressional Democrats to face the consequences of this dangerous fiscal agenda and change course.

“Republicans have proposed better solutions to curb out-of-control spending and control the debt on behalf of middle-class families, including a fiscally-responsible federal budget that includes strict annual caps on federal spending and forces Congress to live within its means on a yearly basis, something the Democratic-controlled Congress has refused to do. Republicans are ready to work in a bipartisan way to get control of our budget. For the sake of our children and grandchildren, let’s hope this Administration and the Democrats in charge of this Congress are as well.”

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