Sessions Reproaches Admin for Withholding Legally Mandated Budget Update

Statement

Date: July 16, 2012
Location: Washington, DC

U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today on the failure of President Obama's Office of Management and Budget to submit the legally required mid-year budget update to Congress:

"Americans across the political spectrum agree that our country needs a sound financial plan in this dangerous hour. To develop a plan for prosperity, the nation must have good and current financial data. Yet the President has ignored the legal requirement to send his updated budget to Congress. This makes a more significant statement than the President's recent speeches and interviews professing his vigilant stewardship of the nation. Combined with $5 trillion in debt accrued since 2009, and the refusal of his Senate Majority to produce a budget for three years in the midst of crisis, it reveals a troubling detachment from the financial future of our Republic.

We must worry about the failure to issue this required report. The plain fact is that the economy is not doing well. The slow growth over the past 28 months has declined significantly in the last quarter. An updated budget plan will help us understand how deep our debt problem is and how it will impact the proposal he submitted in February. Good leadership requires the President to be in constant communication with Congress and the American people over the financial status of the nation."


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