Congressman Jim Langevin (D-RI) issued the following statement in reaction to the proposed budget released by President Obama today:
"The President's budget recognizes that the most effective solution to our economic challenges is to strengthen the middle class, create quality jobs and train a workforce with the skills to excel in 21st Century industries. By taking a balanced approach of targeted spending cuts combined with new revenues from eliminating tax breaks for the very wealthy and big corporations, we can reduce our deficit while investing in areas that grow our economy, such as education and job training, infrastructure modernization and research and development. This proposal represents a framework to find a long-term compromise to replace the irresponsible across-the-board cuts imposed by sequestration that are falling heavily on our most vulnerable citizens.
"While I applaud the President's overall message, I do not support his plan for Social Security, which would reduce cost of living adjustments at a time when seniors' expenses are rising. This program has kept millions out of poverty without adding to the debt, and I will continue to advocate for alternatives that would put it on sound footing for generations to come."