House Republican Policy Committee Chairman Tom Price, M.D. (R-GA) issued the following statement in response to President Obama's speech today on the House-passed budget proposal. The House of Representatives passed the Republican budget proposal last week while the president's plan received zero votes in support. The Republican budget cuts spending by $5 trillion compared to the president's budget and stops the president's tax hikes while calling for tax reform that would lower rates and eliminate loopholes. It protects seniors and all Americans by repealing ObamaCare and putting in place Medicare reforms that save and strengthen the program for future seniors.
"With more than three years of this president's policies in place, our economic recovery has been unacceptably slow and unemployment remains unacceptably high. With a predictable and avoidable debt crisis on the horizon, the president's response is to spend his time giving speeches that criticize those who are actually providing a solution to our fiscal challenges," said Chairman Price. "House Republicans believe leaders ought to offer more than rhetoric which is why we have put forth a positive set of solutions that do not ignore the tough questions. Our budget offers Americans a choice of two futures: one grounded in fundamental American principles of free enterprise that empower the entrepreneurial spirit versus one that ensures a future of debt, doubt, and despair. We are not just talking about a more prosperous future for America, we are providing a credible path to get there.
"Unlike President Obama, Republicans have put forth a plan to address the drivers of our debt in a responsible manner. We improve and strengthen Medicare while making no changes for those in or near retirement. The president's plan for seniors, which is current law, cuts more than $500 billion from Medicare and empowers a board of 15 unelected, unaccountable bureaucrats to effectively deny care to seniors. The president and his administration have already been rebuked by both the House and Senate, and his policies received a vote of no confidence. To the contrary, House Republicans have a bold, positive vision for America's future."