Press Release
McHenry Statement on President Obama's FY 2016 BudgetIn his sixth year, President Obama proposes more debt and taxes
Washington,
February 2, 2015
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Jeff Butler
(202-225-2576)
Chief Deputy Whip Patrick McHenry (R, NC-10) released the following statement on this morning's release of President Barack Obama's FY 2016 budget proposal:
“Over the last week and again this morning President Obama laid out a budget which doubles down on the same failed policies that have marked his first six years. The numbers are simply staggering: $2.1 trillion in new taxes, a $259 billion increase in federal spending, and $8.5 trillion in new debt. And these are on top of the $1.7 trillion in new taxes and $7.5 trillion in new debt already racked up by this Administration. “What Americans need is a budget plan that helps the middle class but also begins to rein in our massive federal debt and deficits. In the coming weeks, House Republicans will roll out a budget with America’s future generations in mind. A plan that uses American’s hard-earned tax dollars responsibly and puts us on a path to balancing the budget, something Mr. Obama’s plan never does.” |