Obama’s Latest Budget Spends Too Much & Taxes Too Much
Concord, NH – New Hampshire Republican State Committee Chairman Wayne MacDonald released the following statement in response to Vice President Joe Biden’s trip to New Hampshire today:
“Vice President Biden should use this latest political campaign trip to explain to New Hampshire voters why the White House proposed a $3.8 trillion budget which continues the same tax-and-spend policies that are hurting our economy. With a national debt topping $15 trillion, there seems to be no indication that President Obama plans to stop piling up bills for future generations to repay, and Biden should use his visit to tell voters why for four years they’ve run a deficit of $1,000,000,000,000. That’s alarming enough on its own, but it’s also confirmation that President Obama’s campaign promise to cut the deficit in half by the end of his first term was nothing more than a phony ‘hope and change’ campaign slogan.
“It becomes more obvious every day that President Obama and his White House have shifted to focus almost exclusively on the November elections. As the president and Biden travel the country in campaign mode, the problems facing New Hampshire voters only get worse. Our nation continues to face a mounting debt that is holding back our economy, and our job creators continue to face uncertainty when it comes to government regulation and taxes. Maybe if this White House wasn’t so focused on flying from swing state to swing state they would have noticed that the budget they released this month is out of touch with what the American people want and is only making things worse.”
The Washington Post's Ezra Klein: "The Obama Administration Is Officially Breaking Its Promise To Halve The Deficit By The End Of Their First Term." (Ezra Klein, "Wonkbook: 5 Things To Watch In Obama's 2013 Budget," The Washington Post’s Wonkbook , 2/13/12)
The New York Times: Obama's Budget "Will Show Mr. Obama Has Failed To Meet His Pledge To Cut The Deficit In Half By The End Of His First Term." "But the document's numbers will show Mr. Obama has failed to meet his pledge to cut the deficit in half by the end of his term, and for Republicans, that will be the bottom line." (Jackie Calmes, "Obama's Budget To Focus On Cutting Deficit And Adding Jobs," The New York Times, 2/10/12)