Rep. Scott Garrett (R-NJ), Vice Chairman of the House Budget Committee and Chairman of the Republican Study Committee's (RSC) Budget and Spending Task Force, issued the following statement today in response to President Obama's speech on his so-called deficit reduction plan:
"If at first you don't succeed, try, try again. The president needs go back to the White House, formulate a new plan, draft a new speech and then try again. Not only does his proposed plan fail to meet the deficit reduction benchmarks set by his own fiscal commission, it doesn't even come close meeting the benchmarks set by House Republicans. The president needs to take the fiscal crisis facing our country seriously by offering a credible deficit reduction plan that balances the budget in ten years or less without raising taxes on Americans."