Today, Congresswoman Janice Hahn (CA-44) released the following statement regarding President Obama's budget for fiscal year 2014:
"Today, President Obama released his budget for fiscal year 2014. I applaud the President for outlining a fiscally balanced framework that strengthens American families and workers by putting our nation on a sustainable economic pathway. The President's budget calls for common sense spending cuts and revenue increases that will reduce the deficit by $1.8 trillion over 10 years, reverse the devastating effects of the sequester, make the investments that we need to create good-paying jobs, and reinforce the ladders to the middle-class.
I am pleased of the President's strong commitment to investing in our nation's infrastructure by championing projects such as the "Fix it First" $50 billion plan that invests in repairing our nation's highways, bridges, transit systems, and airports. This upfront investment will help create jobs today and help strengthen our global competitive edge for tomorrow. As a member of the Transportation and Infrastructure Committee, I will continue to fight to make the President's plan a reality.
I agree with the President that we must make some tough choices critical to the steady recovery of our American economy that will require compromise and collective responsibility. However, I am deeply troubled by the proposal to cut Social Security benefits by implementing the so-called "Chained CPI." This is not some technical fix, it is a devastating cut to seniors and struggling families. I strongly oppose this plan to cut the hard-earned benefits they rely on. The budget also calls to eliminate Saturday mail delivery which will have a profound impact on millions of customers, particularly our seniors who depend on six-day delivery for important time-sensitive mail.
We do not strengthen this nation by weakening our seniors. I look forward to continuing to work with the President and my colleagues in Congress to ensure we put forth a balanced budget with sensible cuts and investments."