"The President Has Missed A Golden Opportunity"
Feb 14 2011
Washington, D.C. – U.S. Senator Marco Rubio today issued the following statement regarding the President’s budget proposal:
“Sadly, the President has missed a golden opportunity to have an adult conversation with the American people about the seriousness and urgency of our debt crisis. The President’s budget falls far short of tackling our national debt in a serious way. Although we face a $1.6 trillion deficit and a staggering national debt that exceeds $14 trillion, the President’s proposal would add $7.2 trillion of new debt over the next ten years. The fact that the President’s ten year proposed ‘savings’ is less than this year’s budget deficit alone is proof that this is a budget that cannot be taken seriously.
“While the President insists he will take the commendable step of vetoing earmarks, his silence on entitlement reform, the absence of meaningful spending cuts and his reliance on anti-competitive tax increases will cause more economic uncertainty, stifle job creation and keep America on a path towards a diminished future.
“Today’s excruciating problems are the legacy of decades of profligate spending by both parties. We have a job-crushing debt because Washington has repeatedly postponed the tough decisions for someone else to deal with down the road. The American people have every reason to be disappointed by the President’s budget and by Washington politicians who either don’t understand the seriousness of our fiscal crisis, or who are simply not willing to confront this challenge head-on.”