Senator Dan Coats (R-Ind.) today made the following statement after voting against Senate Democrats' Fiscal Year 2014 Senate Budget Resolution early Saturday morning:
"It has been four years since the Senate last considered a budget, but unfortunately the Senate Democrats' plan was not worth the wait. This budget won't reduce the out-of-control federal spending. It won't grow the economy or generate job creation. It won't save Medicare and Social Security from going broke. It won't pull our country back from the brink of a fiscal crisis and it won't balance the budget.
"Instead, the Democrats' budget puts the foot on the gas pedal and drives our country further and faster into debt. Rather than grow the economy, the Democrats' budget grows the government at the expense of hardworking Hoosier taxpayers. The Senate budget is an unserious plan at a time that demands serious action and tough choices to get our fiscal house back in order."
The Senate unanimously agreed to include one of Coats' amendments in the budget resolution that would require the Congressional Budget Office to report annually an estimate of the cost per taxpayer of the deficit for any year the president's budget is projected to produce a deficit.
"I am pleased the Senate agreed to pass my amendment that forces Washington to be honest with the American people about the seriousness of our financial problems," added Coats. "At a time when each child born today is saddled with $50,000 of debt, Congress should be focused on bringing down the deficit and growing the economy. This amendment is a good step toward transparency and requiring the administration to outline how much it is adding to the debt."
The House of Representatives passed similar legislation introduced by Congressman Luke Messer (R-Ind.) earlier this month. Senator Joe Donnelly (D-Ind.) cosponsored the amendment to the budget resolution and joined Coats last week to introduce similar legislation as a stand-alone bill in the Senate.