Bud Shuster: “I thank the gentleman for yielding. Yesterday, President Obama had an opportunity to put forth a serious budget…”

“I thank the gentleman for yielding. Yesterday, President Obama had an opportunity to put forth a serious budget proposal, but instead, again, he called for higher taxes and trillions of dollars in spending we just can't afford. {time} 1750 The President offered nothing but lip service to serious spending cuts and real reform. We can't tax our way to prosperity or ignore the unsustainable future of Medicare and Medicaid. The President's plan fails to recognize that Washington has a spending problem, not a revenue problem. This is a time that demands leadership, and the President answered with a plan to nowhere. Today, the House is debating a serious budget that will address our dangerous debt and deficit while strengthening Medicare and Medicaid. The President missed another opportunity to engage in this debate in a meaningful way. He chose, instead, to deliver a campaign speech, filled with class warfare and scare tactics, hoping the American people wouldn't know any better. He was wrong. Mr. Chairman, before I came to Congress, for 12 years, I was in business, and there were two things I learned in business: One, if you spend more than you take in, you're headed towards financial ruin. Second, if the government continues to take away more and more from small businesses, they won't create jobs; they will eliminate jobs. This budget deals with those two fundamental issues.…”