WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell made the following statement Friday regarding the Congressional Budget Office report showing the massive spending, taxes and debt in the administration’s budget:

“If there was ever any doubt that the administration’s budget spends too much, taxes too much and borrows too much—it’s gone. This non-partisan CBO report shows clearly that the budget spends, taxes and borrows far too much. It’s worse than even the most pessimistic predictions for this budget.

“Republicans will offer better ideas to control the spending that Americans can’t afford, create jobs and cut the overwhelming and unsustainable national debt.”

Background:

The CBO report released Friday shows that the administration’s budget spends too much ($1.4 trillion in entitlement spending over 10 years), taxes too much ($1.9 trillion in tax increases relative to President Obama’s current policy baseline), and borrows too much (deficits of $9.3 trillion over 10 years).

Link to CBO analysis: http://www.cbo.gov/ftpdocs/100xx/doc10014/03-20-PresidentBudget.pdf

Tim Moore - News Director

This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Home Page:  http://isurfhopkinsco.com

Madisonville – Hopkins County Kentucky

Hopkins, Webster, Muhlenberg, Daviess, Christian, Caldwell, and Henderson County KY iSurf Local News & Community Information Affecting Madisonville and Hopkins County Kentucky. Make us your homepage and send us your local news to publish. Add your news, calendar events, or FREE classifieds easily with registration and use of our easy features at the top of the page. http://isurfhopkins.com Madisonville - Hopkins County Kentucky's homepage!