Congressman Brian Bilbray (CA-50) today issued the following statement regarding President Obama's 2013 Tax and Spend Budget Proposal:
"The President's budget proposal represents more of the same. The bottom line is Washington has a spending problem. The Federal government already borrows 42 cents of every dollar spent. The Federal debt is over $15 trillion because Washington spends too much, not because Americans are taxed too little. The President's $3.8 trillion budget proposal for 2013 represents the fourth straight year of $1 trillion deficits. With nearly one in 10 San Diegan's out of work, this out of control spending threatens both job growth and our children's future. The President cannot tax, spend, borrow, and bailout our way to job creation."