U.S. Senate Republican Leader Mitch McConnell released the following statement today regarding the Congressional Budget Office's Monthly Budget Review showing the fourth straight year of trillion-dollar deficits in the Obama economy:
"Never before have a President and a majority party in the Senate done so little to address challenges as great as the ones our nation faces right now. Every single year the President has been in office, the nation has racked up a deficit of over $1 trillion, and now we have an unsustainable $16 trillion debt. Yet, Senate Democrats haven't bothered to put together a budget in three years. Americans have been looking for leadership from the White House, and while the President claims to have offered a "balanced and comprehensive deficit reduction' approach, his plan was so unserious that it was rejected by every single member of Congress. It's time for leadership, time for a much different approach to get our economy growing and our nation on a sustainable path."