Press Releases
Statement on House Passage of FY2014 Budget
Washington, D.C.,
March 22, 2013
“Washington owes the American people a responsible, balanced budget. The FY2014 budget passed by the House today does just that - balancing the budget in just ten years, without raising taxes. We’ve got to stop spending money we don’t have. The bi-partisan consensus is that America's safety net and retirement security programs will go bankrupt in the coming decades if we don’t take action. A balanced budget would protect seniors who depend on the benefits they’ve earned and protect our children, who can’t afford the crushing debt with which we are burdening them. I respect that there will be differences of opinion on this issue. But before President Obama and Senate Democrats criticize our plan to balance the budget, they should offer their own. The proposal offered by Senate Democrats never reaches balance. It recommends new taxes on top of the $650 billion tax increase President Obama signed into law in January and the hundreds of billions in ongoing tax increases as part of the health care law. As for the President’s budget, it’s late by six weeks and counting. ### |