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Diaz-Balart: Budget Proposal Not Mindful Of Economic Crisis, Hard-Working American Families

Press Release

Location: Washington, DC

Today Congressman Mario Diaz-Balart, a senior member of the House Budget Committee, made the following statement regarding the release of President Barack Obama's proposed FY2010 Budget.

"Just days after convening a fiscal responsibility summit, President Obama has presented a fiscally irresponsible budget, loaded with massive tax hikes and runaway spending.

"At a time of economic anxiety and high unemployment, hard-working families and small businesses are counting pennies and the last thing Washington should do is continue to raise their taxes.

"The budget does nothing more than increase the national debt, bring back to life the death tax, and raise taxes particularly on small businesses, which are the real job creators. It is in no way mindful of the current economic crisis or the financial hardships that American families are facing.

"This reckless budget revives the era of big and bloated government and encourages a spending spree. It is clear that we are back in a Jimmy Carter tax and spend era and should not be surprised when the results are similar, if not worse," said Diaz-Balart.

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