On the recordFebruary 14, 2012
our Nation is more than $15 trillion in debt. The President's budget will increase government spending by $47 trillion over the next decade. Included is the largest tax increase in American history, while our national debt increases to $25.9 trillion over the next 10 years. That is right. This budget proposes a massive tax increase, not as a plan to address the national debt but to fuel more reckless big government spending. Our Nation cannot afford to continue down this path. This reckless budget will not only saddle our children and grandchildren with massive government debt, but it proposes to raise taxes on the very businesses we need to create jobs. How can this President and the majority party claim to be projobs when everything they are doing is antibusiness? This budget threatens our long-term economic security and places a greater burden on our children and grandchildren who will be forced to live and pay for Washington's inability to solve this problem. While I believe the President's budget spends too much, borrows too much, and taxes too much, in the Senate the majority party has chosen to go to the other extreme. They have now refused to pass a budget for more than 1,000 days. It is our responsibility as legislators to develop a real, workable budget that will put our Nation back on the path of economic prosperity. Unfortunately, the majority simply has not taken this responsibility seriously.…





