Ron Kind: “the President and majority party in Congress have presented budgets that continue down the path of fiscal recklessness…”

“the President and majority party in Congress have presented budgets that continue down the path of fiscal recklessness and misplaced priorities. Their plan continues to fail working families, continues to fail seniors, continues to fail veterans, and continues to fail children by expanding already record deficits that will hamper economic growth and burden future generations. Perhaps most disturbing is that the majority has no plan to return the federal government's books to balance. While they claim that their budget plan will cut in half the current record deficits that their economic policies helped create, realistic projections, including pages in the President's own budget, show deficits as far as the eye can see under their plan. Their plan continues the downward fiscal spiral of our government at exactly the wrong moment in our nation's history when we have 80 million baby boomers rapidly approaching retirement age and starting to enter the Social Security and Medicare systems. Instead of the irresponsible budget before us, we should be trying to practice fiscal discipline to get the nation on sound fiscal footing in anticipation of that demographic time bomb going off and protect the monies in the Social Security and Medicare trust funds.”