Congressman Aderholt Statement On The Release Of The President's $3.8 Trillion Budget

Statement

Budget Committee member and Appropriations Subcommittee Ranking Member Congressman Robert Aderholt (R-AL) today issued the following statement on the President's FY2011 $3.8 trillion budget.

"Today's budget clearly shows the differences in governing philosophies between big government liberalism and fiscal conservatism. In the midst of a recession, record unemployment and record deficits, you can't simply spend your way out of your problems, as President Obama, Speaker Nancy Pelosi and Senate Majority Leader Harry Reid believe."

"The President's budget more than doubles the debt, raises taxes by over $2 trillion through 2020, and pushes the deficit to a new record of $1.6 trillion, or 10.6% of GDP, which is the largest deficit as a share of the economy since World War II. This path is simply unsustainable."

"Of the many issues that I have with this budget's spending priorities, it sacrifices Alabama jobs with the end of the proven Constellation program. Once again, the president is trading off real jobs, current jobs, which produced Time Magazine's best invention last year, for theoretical future jobs by beginner-rocket companies which have not yet even demonstrated the ability to fly cargo to the International Space Station."

"Over the next several months, I intend to work diligently with the Appropriations Committee to promote wise spending priorities and bring fiscal responsibility back to our nation's Capitol. This is what the American people demand out of Washington."

"Americans across the country can see that this is not a responsible way to manage the federal budget, and they know that yet another $100 billion in scarce taxpayer dollars to continue failed "stimulus' programs will do little to create jobs or improve the nation's economy."

"We must get our fiscal house back in order because a government that spends too much, borrows too much and taxes too much will not sustain itself."

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