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Budget Still Taxes, Spends And Borrows Too Much, Capito Says

Statement

Date: April 29, 2009
Location: Washington, DC
Issues: Budget, Spending and Taxes Government Budget and Spending


Budget Still Taxes, Spends And Borrows Too Much, Capito Says

Rep. Shelley Moore Capito, R-W.Va., released the following statement today after the House of Representatives considered the Conference Report on S. Con. Res 13, the final budget agreement negotiated by Democratic leaders in the House and the Senate:

"This $3.5 trillion budget continues a pattern where we're spending too much, borrowing too much and will have to tax too much," said Capito. "This budget sets the stage for $1.5 trillion in tax hikes over 10 years, and will increase public debt by almost $2 trillion this year alone. This is simply unsustainable."

"The answer to existing debt shouldn't be to accelerate spending and increase it further. West Virginia families understand that money has to come from somewhere, and right now that money is borrowed."

"Moreover, this budget includes controversial reconciliation language that will serve only to stifle bipartisan dialogue on issues, like healthcare, that will demand and deserve broad consensus."


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