Speaker John Boehner told Meet the Press that Barack Obama’s budget will destroy jobs by “spending too much, borrowing too much and taxing too much.”
The AP reported:
President Barack Obama’s budget plan for 2012 would slash the deficit by $1.1 trillion over 10 years, officials said on Sunday, but Republicans were unimpressed and vowed to push for deeper cuts in spending.
White House budget director Jack Lew said the proposal to be unveiled on Monday puts the government on track to halve the budget deficit by the end of Obama’s first term in office, which extends through 2012.
“We are reducing programs that are important programs that we care about, and we’re doing what every family does when it sits around its kitchen table: we’re making the choices about what do we need for the future,” Lew said on CNN.
Republicans, who control the House of Representatives, said Obama’s proposed spending cuts would not do enough to rein in the growing federal deficit and promised their own plan would go further.
“He’s going to present a budget tomorrow that will continue to destroy jobs by spending too much, borrowing too much and taxing too much,” House of Representatives Speaker John Boehner said on NBC’s “Meet the Press.”
Barack Obama tripled the national deficit in one year.
Last year it was at $1.29 Trillion dollars.
This year it will be even higher.
(The Captain’s Comments)
What a disaster.
