Washington, D.C. —
Senator John Thune today criticized President Obama's FY 2012 budget, which fails to include necessary spending cuts and budget reforms, while spending $45.95 trillion and adding $7.2 trillion to the debt over the next decade.
"After receiving the president's budget today, we now know that the talk about spending cuts in his State of the Union address last month was just that: talk. President Obama's budget spends too much, taxes too much, and borrows too much. While Republicans in Congress continue to show their commitment to reducing our nation's staggering debt and deficit through meaningful spending cuts and budget reforms, the president continues to advocate for more spending.
"For the sake of future generations, we cannot continue to ignore the looming fiscal crisis occurring in our nation. Instead of increasing spending, the president needs to work with Congress to find meaningful, bipartisan solutions to reduce our dangerous national debt, and ultimately grow our economy."
"After receiving the president's budget today, we now know that the talk about spending cuts in his State of the Union address last month was just that: talk. President Obama's budget spends too much, taxes too much, and borrows too much. While Republicans in Congress continue to show their commitment to reducing our nation's staggering debt and deficit through meaningful spending cuts and budget reforms, the president continues to advocate for more spending.
"For the sake of future generations, we cannot continue to ignore the looming fiscal crisis occurring in our nation. Instead of increasing spending, the president needs to work with Congress to find meaningful, bipartisan solutions to reduce our dangerous national debt, and ultimately grow our economy."
