On the recordFebruary 27, 2013
I wish to continue to share my concerns about the appointment of Mr. Jack Lew to be the Secretary of the Treasury of the United States, one of the four senior Cabinet positions that are so important to America. I have delineated how he proposed the budget in 2011. He announced on CNN and several other Sunday morning shows--this is when he was going to introduce the budget the next day, and he was giving a preview of it. ``Our budget will get us, over the next several years, to the point where we can look the American people in the eye and say, we're not adding to the debt anymore; we're spending money that we have each year, and then we can work on bringing down our national debt.'' Now, that would be a thing to celebrate. But I am convinced that he and the White House officials had met and they decided they weren't going to change the tax-and-spend and deficit policies of the United States, but they knew that wasn't going to be popular after 2010's shellacking of big-spending politicians. So what did they decide to do? They decided to prepare a budget that made no real change in the spending trajectory of America, continuing us on, as Secretary Geithner said just a few weeks later, an unsustainable course, while telling the American people they did what they wanted. As I indicated earlier, this budget he presented never had a single year in the 10 years of that budget in which the deficit fell below $600 billion.…
Source
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