By Suzia van Swol-University of New Mexico, Talk Radio News Service About a week after President Obama presented his budget to congress, House Republicans and Democrats continue with aggressive tactics. Republicans say the budget will leave the country with staggering debt through reckless spending.
House Minority Leader John Boehner (R-Ohio) called the budget “staggering,” adding that such widespread spending will be put at the expense of future generations of Americans. Boehner’s comments that the country has had to tighten it’s belt everywhere except in Washington echoes sentiments made by critics of the budget presented to Congress by the President.
“I think it is wrong to deal with these challenges by mortgaging the future of our children and grandchildren,” Boehner said. The proposed budget backed by Democrats “makes the economy worse and will destroy more American jobs,” will double U.S. debt over the next five years and triple economic debt in ten years, he said.
On Wednesday, Wisconsin Congressman Paul Ryan (R), who is the ranking member of the House Budget Committee, introduced a budget solution he says will curb spending, create jobs and leave the U.S. with $3.6 trillion less debt than the Democrats’ proposed budget.
Boehner does not support Democrats plan to raise energy taxes in the middle of a recession and said that it could cost every family as much as $3,100 a year in additional energy costs. “Think of the millions of American jobs that are dependent on a lot of energy use,” said Boehner. When asked if there is the possibility for a compromise, Boehner said “Oh yeah, I’m only for losing one million jobs, or I’m only willing to raise taxes on people $2,000 a family...No there is no compromise!”
In the middle of a recession, Congress cannot “throw a wet blanket on a weak economy, you’ll smother it,” Boehner said.
Toxic Asset Relief Program (TARP), allows the United States Department of the Treasury to purchase or insure up to $700 billion of "troubled" assets. “It’s just out of control,” said Boehner. No one has any idea where the money is going, how much is left, or where it went and the American people have a right to know where this money is going, stated Boehner.
Thousands of Americans lost their jobs in January; responding to questions regarding Congress making sacrifices by perhaps taking a pay cut, Boehner replied only that, “I understand.”
Budget Battle Continues
About a week after President Obama presented his budget to congress, House Republicans and Democrats continue with aggressive tactics. Republicans say the budget will leave the country with staggering debt through reckless spending.
House Minority Leader John Boehner (R-Ohio) called the budget “staggering,” adding that such widespread spending will be put at the expense of future generations of Americans. Boehner’s comments that the country has had to tighten it’s belt everywhere except in Washington echoes sentiments made by critics of the budget presented to Congress by the President.
“I think it is wrong to deal with these challenges by mortgaging the future of our children and grandchildren,” Boehner said. The proposed budget backed by Democrats “makes the economy worse and will destroy more American jobs,” will double U.S. debt over the next five years and triple economic debt in ten years, he said.
On Wednesday, Wisconsin Congressman Paul Ryan (R), who is the ranking member of the House Budget Committee, introduced a budget solution he says will curb spending, create jobs and leave the U.S. with $3.6 trillion less debt than the Democrats’ proposed budget.
Boehner does not support Democrats plan to raise energy taxes in the middle of a recession and said that it could cost every family as much as $3,100 a year in additional energy costs. “Think of the millions of American jobs that are dependent on a lot of energy use,” said Boehner. When asked if there is the possibility for a compromise, Boehner said “Oh yeah, I’m only for losing one million jobs, or I’m only willing to raise taxes on people $2,000 a family...No there is no compromise!”
In the middle of a recession, Congress cannot “throw a wet blanket on a weak economy, you’ll smother it,” Boehner said.
Toxic Asset Relief Program (TARP), allows the United States Department of the Treasury to purchase or insure up to $700 billion of "troubled" assets. “It’s just out of control,” said Boehner. No one has any idea where the money is going, how much is left, or where it went and the American people have a right to know where this money is going, stated Boehner.
Thousands of Americans lost their jobs in January; responding to questions regarding Congress making sacrifices by perhaps taking a pay cut, Boehner replied only that, “I understand.”