Search Form
Now choose a category »

Public Statements

The Budget

Floor Speech

By:
Date:
Location: Washington, DC

Mr. McCONNELL. Yesterday I asked Senate Democrats to forward a thoughtful budget that Americans of both parties could rally around, one that controls spending, gets our economy healthy again, and advances the serious reforms necessary to make government programs more efficient, effective, and responsive to the needs of 21st-century Americans. I asked them to please shelve the tax hikes. That is because we understand the negative effect more taxes would have on our fragile economy and the millions of Americans still looking for work. It is also because we know Washington Democrats already got $600 billion in taxes they demanded earlier this year. Remember, that is in addition to the more than $1 trillion they got in taxes from ObamaCare as well. So now it is time for the balance they promised. Washington does not need to tax more; it needs to finally figure out how to spend less.

I said that these things were the least Senate Democrats owed the American people, given their lack of responsibility in not producing a budget for the last 4 years. I am sorry to report that the plan they put forward yesterday will do none of these things. Instead of getting Washington spending under control, their proposed budget doubles down on the same wasteful stimulus spending we already know does not work. We have tried that. In fact, at a time when Americans believe that about half of every dollar they send to Washington is wasted, the Democratic budget would increase spending by nearly 62 percent. Their budget will do more to harm the economy than to help it, and it will let Medicare and Social Security drift ever closer to bankruptcy.

Then there is the Democrats' $1.5 trillion tax hike--that is trillion with a ``t.'' Let me repeat that. Any Senator who votes for that budget is voting for a $1.5 trillion tax hike--the largest tax hike in America's history. So the Senate Democratic budget is more than just disappointing, it is extreme. It is really one of the most extreme, most leftwing budgets of the modern era.

I think it says something about today's Washington Democrats. There was a time when the Democratic Party cared about fiscal responsibility, when Democrats understood the need to be concerned about the impact their policies would have on hard-working taxpayers, a time when they would have rejected this budget as a joke. But those voices of reason have been mostly chased out of today's DC Democrats. The few who remain have been sidelined and silenced throughout the budget process. Even the chairman of the Finance Committee has been pushed aside so his fellow Democrats can quickly ram through their massive tax hike.

It will be no surprise to hear that my conference opposes a leftwing manifesto masquerading as a responsible budget, and when Americans get a chance to digest their budget and the one House Republicans put forward earlier this week, they will see some very clear differences between a budget that balances and one that enshrines waste and cronyism; between a budget that helps bring the economy back to health and one that kills jobs; between a budget that measures compassion in how many people it helps and one that counts compassion in how many hard-earned tax dollars are sent to Washington for politicians to waste; between a budget that strengthens Medicare and one that would put Medicare even further out of reach for future generations. In short, they will see a bold, reformist Republican budget centered on their needs and an extreme Democratic budget centered on the needs of Washington bureaucrats and politicians.

I hope Senate Democrats think again before they choose to push such an extreme budget forward because I think they will find that Americans agree with Republicans on the most important point: We need to grow the economy, not the Government.


Source:
Skip to top
Back to top