Tuesday
Mar242009
Republicans strongly opposing President Obama's budget
Tuesday, March 24, 2009 at 1:13PM
Senator Judd Gregg (R-N.H.) held a press conference today to strongly oppose President Obama's budget. Republican reports are predicting that federal debt will grow exponentially under President Obama's plan, reaching over $14.5 trillion dollars in ten years. Sen. Gregg described the plan as the largest tax increase in U.S. history, designed to "explode the size of government" up to 23%. On the repercussions of this budget, Sen. Gregg stated, "What he is passing on down the road to our kids is a country they can't afford, that's absolutely sure, and that's not right. And therefore we as Republicans think there should be a better fiscal policy."
Senator Sessions (R-Ala.) joined the conference in agreement with Sen. Gregg, explaining that this budget means "the era of big government is back, it means the era of high taxes is back, it agrees with the often criticized philosophy that debts don't matter." He went on to state that every year, the interest on national debt will increase so much, that soon it will be unsustainable.
Sen. Gregg concluded the conference by saying that Senate Republicans plan to introduce amendments in order to bring the deficit back to a responsible level. However, he explained, "it's not the minority's job to offer budgets, it's the minority's job to critique the budget. We intend to critique it, however, in an aggressive way which would point us toward a better budget." The amendments the Republicans plan to present will be aimed not only toward controlling debt but also limiting the expansion of government.
Senator Sessions (R-Ala.) joined the conference in agreement with Sen. Gregg, explaining that this budget means "the era of big government is back, it means the era of high taxes is back, it agrees with the often criticized philosophy that debts don't matter." He went on to state that every year, the interest on national debt will increase so much, that soon it will be unsustainable.
Sen. Gregg concluded the conference by saying that Senate Republicans plan to introduce amendments in order to bring the deficit back to a responsible level. However, he explained, "it's not the minority's job to offer budgets, it's the minority's job to critique the budget. We intend to critique it, however, in an aggressive way which would point us toward a better budget." The amendments the Republicans plan to present will be aimed not only toward controlling debt but also limiting the expansion of government.
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