Rehberg Says President’s Budget Spends, Borrows and Taxes Too Much
WASHINGTON, D.C. – Montana’s Congressman, Denny Rehberg, today released the following statement regarding the President’s budget proposal for 2011.
“Despite promises of fiscal restraint, this blockbuster budget spends too much, borrows too much and taxes too much. It’s full of the same failed policies that gave us record spending, record debt and double-digit unemployment over the past year. It’s time to get this country on track for a true economic recovery. Instead, this budget plan offers more irresponsible and unsustainable government spending.”
The President’s budget contains $3.8 trillion in spending for Fiscal Year 2011. It pushes the deficit to $1.6 trillion this year and ensures that it will never drop below $700 billion over the next decade. It also raises taxes by $2 trillion through 2020.