Today, U.S. Senator Rob Portman (R-Ohio), a member of the Senate Budget and Finance Committees, released the following statement on the Senate Democrats' big-government budget:
"Washington's runaway spending and massive deficits must be stopped. In the past five years, federal spending soared by nearly $600 billion, doubling the national debt. The total national debt now equals $140,000 for every American household, and is growing steeply.
"Despite the Administration's promises, the big increase in federal spending has not led to a strong economy. In fact, we're living through the weakest economic recovery since the Great Depression: 20 million Americans cannot find full-time work, and millions more have given up looking.
"As the weak economic recovery has shown us, trying to tax-and-spend our way to prosperity is a dead end. Unfortunately, the Senate Democrats' budget continues this failed pattern of excessive taxing, spending, and borrowing. Rather than continuing to expand the size and scope of government with more spending and more borrowing, it's time to expand the private sector and add jobs. Rather than grow government, we should grow the economy.
"I will continue working towards balancing the budget by reining in spending, implementing pro-growth tax reform, and making smart changes to our vital yet unsustainable retirement programs so they will be there for our children and grandchildren to enjoy."