Thursday
Mar262009
“The most fiscally irresponsible budget in American history"?
Thursday, March 26, 2009 at 4:34PM
Coffee Brown, University of New Mexico, Talk Radio News
House Minority Leader John Boehner (R-Ohio), Republican Whip Eric Cantor (R-Va,), Rep. Paul Ryan (R-Wis.), and Rep. Mike Pence (R-Ind.) presented the broad outline of the Republican budget counter-proposal, stating that details would be forthcoming next week.
Boehner said the President’s proposal “spends, taxes, and borrows too much,” adding “I think it’s completely irresponsible. Our plan curbs spending, creates jobs, and cuts taxes, while controlling the debt.”
Pence called it “the most fiscally irresponsible budget in American history,” saying it calls for “more spending, more government, more bailouts.”
He said the “national energy tax” (Cap-and-Trade) would cost every American household more than $3,000 per year. The increase on marginal tax rates would fall most heavily on small business owners, he said. “We believe it is our obligation to offer a better solution if we are in disagreement,” he finished.
Cantor said the Republicans had presented an alternative stimulus plan and housing plan and were preparing an alternative energy plan as well. He accused the President of turning from a centrist campaign to “ambushing” and “strong-arming” Congress toward a “more ideological” agenda.
Ryan promised the details of the plan next Wednesday on the House floor, calling the president’s version “reckless and irresponsible. It’s a budget that doubles the national debt in 5 and 1/2 years, and triples it in ten and 1/2 years. It’s a budget that increases our national debt and our borrowing more than in all prior presidencies.”
The pamphlet accompanying the announcement was 18 pages long and contained no specifics, but outlined broad policies, such as promoting nuclear power, encouraging enrollment in private insurance plans, reducing spending, reducing taxes, liberalizing exploration for oil in areas currently protected for environmental reasons, and ending “bailouts.”
House Minority Leader John Boehner (R-Ohio), Republican Whip Eric Cantor (R-Va,), Rep. Paul Ryan (R-Wis.), and Rep. Mike Pence (R-Ind.) presented the broad outline of the Republican budget counter-proposal, stating that details would be forthcoming next week.
Boehner said the President’s proposal “spends, taxes, and borrows too much,” adding “I think it’s completely irresponsible. Our plan curbs spending, creates jobs, and cuts taxes, while controlling the debt.”
Pence called it “the most fiscally irresponsible budget in American history,” saying it calls for “more spending, more government, more bailouts.”
He said the “national energy tax” (Cap-and-Trade) would cost every American household more than $3,000 per year. The increase on marginal tax rates would fall most heavily on small business owners, he said. “We believe it is our obligation to offer a better solution if we are in disagreement,” he finished.
Cantor said the Republicans had presented an alternative stimulus plan and housing plan and were preparing an alternative energy plan as well. He accused the President of turning from a centrist campaign to “ambushing” and “strong-arming” Congress toward a “more ideological” agenda.
Ryan promised the details of the plan next Wednesday on the House floor, calling the president’s version “reckless and irresponsible. It’s a budget that doubles the national debt in 5 and 1/2 years, and triples it in ten and 1/2 years. It’s a budget that increases our national debt and our borrowing more than in all prior presidencies.”
The pamphlet accompanying the announcement was 18 pages long and contained no specifics, but outlined broad policies, such as promoting nuclear power, encouraging enrollment in private insurance plans, reducing spending, reducing taxes, liberalizing exploration for oil in areas currently protected for environmental reasons, and ending “bailouts.”
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God bless you all,
Rob