Political Quotes

On the recordMay 19, 2011
One reason it is so important to have an honest, open budget process is that budgets are so easy to manipulate and spend. The President, in proposing a budget sometime ago, said his budget called on America to live within its means and ``not add more to the debt.'' That was the President's own statement. In fact, his budget doubles the debt in 10 years, producing annual deficits each year, the lowest of which never once fell below $748 billion. In fact, that would average almost $1 trillion a year and nowhere close to balancing. The CBO found numerous gimmicks when they analyzed the President's plan. They found that it contained another $2.3 trillion in deficits. It increased the deficit. The President delivered a speech promising $4 trillion in savings over 12 years. After his budget was ill-received by objective commentators all over the country, editorial boards, and in Congress, he made a speech and he promised $4 trillion in savings over 12 years. But the committee analysts on our staff revealed that this so-called framework actually worsens the budget in relation to the CBO baseline. Does the Senator from Utah believe the White House and the Democratic leaders in the Senate should produce an honest, concrete, fact-based budget on which we can rely?
Said by
Pete Sessions
Republican · Texas

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