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February 13, 2012 - 5:24 PM

Senator Richard Burr’s Statement on the President’s Budget Proposal

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WASHINGTON, D.C. – Today, U.S. Senator Richard Burr (R-NC) issued the following statement on President Obama’s budget proposal. 

“In 2009, the President promised to cut the deficit in half.  Instead, America has witnessed four straight years of $1 trillion deficits under his watch.  Our national debt now exceeds the size of our entire economy, yet the President still refuses to lead on this issue.   

“Rather than acknowledging the gravity of our economic challenges and proposing a serious budget to rein in spending and spur economic growth, President Obama’s budget offers nothing more than smoke and mirrors to create the illusion of savings.  True savings are created by reductions in spending, not by increasing taxes or employing disingenuous math like the President does by counting savings from cuts under the Budget Control Act that is already law.  

“The simple reality is that his budget would make our economy even worse.  Rather than making the tough choices necessary to get our economy back on track, the President imposes tax hikes that will hurt job creators and our economy, ignores the pending insolvency of Medicare and Social Security, and fails to reduce the debt and rein in spending.  Budget gimmicks, such as claiming savings from the drawdown in military operations in Afghanistan even though money was never borrowed for these unplanned operations, are dishonest.  A responsible budget is a vital first step to getting our economy back on track, and with nearly 13 million Americans ‘officially’ unemployed today, we need a serious budget that will tackle our economic crisis, work towards job creation, and provide for the security of future generations.”





February 2012 Press Releases