Speaker Boehner: President Obama’s Budget “Spending the Future”

By John R Parkinson

Feb 14, 2011 12:39pm

ABC News’ John R. Parkinson reports:  

House Republicans today are speaking out in masse against President Obama’s new 2012 budget proposal, attacking the plan for spending, taxing and borrowing too much while making it more difficult to create jobs and doing little to address the country’s deficit. 

“The president’s budget will destroy jobs by spending too much, taxing too much, and borrowing too much,” Speaker of the House John Boehner, R-Ohio, said in a statement Monday morning. “By continuing the spending binge and imposing massive tax hikes on families and small businesses, it will fuel more economic uncertainty and make it harder to create new jobs.” 

Rep. Kristi Noem, one of two freshmen with a seat at the House Republican leadership table, says that President Obama’s budget proposal signals that he is not paying attention to the message that voters sent to Washington last November, when they swept the GOP into the House majority on a pledge to cut spending, reduce the size of the federal government and create jobs. 

“$3.8 trillion in spending in the coming year and $8.7 trillion in new spending over the next decade shows the President hasn’t really listened to the message Americans are trying to send Washington,” Noem, R-South Dakota, said. “We have many tough decisions ahead of us and his only proposal is to spend more money we don't have. It is unacceptable and our people deserve better.  Our economy needs a fiscal plan that cuts wasteful spending, reins in out of control government programs and frees small businesses and entrepreneurs to do what they do best – create jobs.” 

House Democrats, however, say the president’s budget would invest to grow the economy and would spur long-term job creation. 

House Minority Whip Steny Hoyer called on House Republicans to work with President Obama “to reduce our deficit without sacrificing America’s competitive edge.” 

“The president’s budget makes the tough choices we need to reduce spending and put our nation’s fiscal house in order; in fact, it would reduce our deficit by $1.1 trillion over the next decade. At the same time, however, the budget identifies those investments we need to grow our economy and create jobs—investments in out-building, out-innovating, and out-educating competitors around the world,” Hoyer, D-Maryland, said. “President Obama’s priorities—protecting our fiscal future while investing in growth—stand in strong contrast to the priorities of Republicans. Their spending bill for the rest of this fiscal year would make indiscriminate and short-sighted cuts to the investments our economy needs to stay competitive.” 

Boehner says that when House Budget Chairman Paul Ryan, R-Wis., introduces the House Republican’s version of the budget in the next couple of weeks it will contrast sharply with the president’s “job-crushing FY12 budget.”

“The president’s budget isn’t winning the future, it’s spending the future,” Boehner said. “Our goal is to listen to the American people and liberate our economy from the shackles of debt, over-taxation, and big government.  That’s why the new House majority will vote this week to cut $100 billion in discretionary spending over the next seven months – with more cuts to come – in contrast to the Obama administration, which has proposed no cuts to the current fiscal year’s budget while simultaneously asking for an increase in the national debt limit.” 

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