U.S. Senator Tom Coburn, M.D. (R-OK) released the following statement today after voting against the conference report for the Fiscal Year 2010 Budget Resolution.
"This budget will make our economy worse by spending money we don't have on things we don't need. In these tough economic times, national leaders should be leading by example, which means making tough choices and eliminating programs that don't work. President Obama continues to call for a line-by-line review of the federal budget, yet Congress continues to ignore its duty to make tough choices about spending. In fact, Congress had the audacity to gut from this conference report a simple amendment the Senate previously accepted that would have expressed Congress' full support for the President's effort to go through the budget line-by-line in order to eliminate wasteful spending," Dr. Coburn said.
"This Congress continues to be in denial about our unsustainable fiscal course. Total spending under this budget is $3.9 trillion in 2009, or 28 percent of our GDP - the highest level since World War II. This budget will also increase the national debt to $17 trillion in five years, up from our current debt of $11.1 trillion. Our nation simply cannot continue on this course without suffering severe, and perhaps irreversible, consequences. Sadly, this budget shows that politicians are more committed to the politics of instant gratification, and their own re-election campaigns, than the serious challenge of preserving economic freedom and opportunity for future generations," Dr. Coburn said.