West: The President Never Learns from the Past

Statement

Congressman Allen West (R-FL) released this statement today on President Obama's FY 2013 budget:

"President Barack Obama's budget is an unserious approach to a very serious situation. Filled with exaggerations, gimmicks, and historic tax increases, the budget released today is bad for jobs, bad for seniors and bad for the economy. For seniors, the budget does nothing to address Medicare, a program sinking and heading towards bankruptcy, and instead increases the power of the Independent Advisory Board, a panel of unaccounted for bureaucrats making decisions for our nation's elderly. For hard working Americans, the budget increases taxes by an astounding 1.9 trillion dollars, taking money out of people's pockets during an already turbulent economic period. For small business owners, this budget leaves them with even more uncertainty, as the United States debt increases and regulations remain. With $3.8 trillion projected spending in 2013, increasing every year for the next decade, this President still believes he can spend his way out of this economic crisis. It seems he will never learn the lessons of the past.

The President will have accumulated $6.4 trillion in new debt in just one, four-year term. According to his own evaluative criteria, doing so is unpatriotic. In ten years, America will have a gross debt of $25.9 trillion dollars. This is unsustainable and immoral to our children and grandchildren.

House Republicans have a Plan for America's Job Creators and it is time for the President and Democrats in the Senate to stop blocking our jobs bills. We've passed a jobs budget with fundamental pro-growth tax reform, the elimination of corporate loopholes and subsidies to help create more jobs. The President is wrong again and completely out of touch and inexperienced with how to create jobs and turn this economy around."

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