Calls for Responsible Budget that Controls Spending
Congressman Vern Buchanan (FL-13) voted today against a House budget that borrows, taxes and spends too much money. H. Con. Res. 85
would set the federal government's budget policies for fiscal year 2010 through fiscal year 2014.
"This budget borrows, taxes, and spends more than any other budget in history," said Buchanan on the floor of the House. "Tax increases and deficit spending on big government programs won't boost the economy. It will discourage job creation and burden future generations with a crushing debt.
"We can't spend our way out of a recession. And we can't borrow our way out of debt," noted the Congressman.
The fiscal year 2010 House budget would increase spending by $1.9 trillion over the next 10 years -- raise taxes by $1.4 trillion over the next 10 years -- and add $3.3 trillion in new debt over the next 5 years.
"This is reckless spending masquerading as sound budgeting," added Buchanan. "What our country needs is a responsible budget that scales back spending. A budget that will strengthen our economy and put Americans back to work. A plan that will leave our children and grandchildren with better opportunities than we had."
In 2007, Buchanan introduced the Buchanan Balanced Budget Amendment. The bill would have amended the U.S. Constitution to require a balanced budget by 2012.