OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Sen. Toomey Issues Statement Regarding President's Budget Proposal

Statement

Date: Feb. 3, 2015
Location: Washington, DC
Issues: Taxes Government Budget and Spending

U.S. Senator Pat Toomey (R-Pa.) has issued the following statement regarding President Obama's budget proposal:

"The President is proposing yet more taxes to finance more government spending, despite already having imposed more than $1.8 trillion in taxes hikes during his time in office. When the bipartisan spending caps first took effect, the President and his allies predicted economic doom. Instead, the economy has continued to make modest strides and would be doing significantly better were it not for tax hikes and burdensome regulations slowing growth.

"This is not a serious budget. Not only does it fail to reach balance, it continues massive deficits as far as the eye can see. It is unfortunate that the President ignored this opportunity to propose serious bipartisan reforms."


Source
arrow_upward