Conaway: Democrat Budget Poses great Risk to the Nation

width=65WASHINGTON D.C. Today the Democrat-lead House of Representatives passed the fiscal year 2010 budget by a vote of 233 to 196. This budget blueprint imposes the five largest deficits in U.S. history growing the national debt to $17.1 trillion in five years. That means our debt will double in five years and triple in ten years.  The new budget also starts the process of enacting job-killing global warming legislation under the proposed cap and tax" and starts us down the road to a government-run health care system.    The Democrat Majority struck down a Republican alternative budget supported by Congressman Conaway that would have cut the Obama/Democratic deficits in half by 2019 and lowered the debt held by the public by $3.6 trillion.  The Republican alternative would have also created 2.1 million more new jobs than the Democrats plan.  Congressman Mike Conaway (R-TX) made the following statement after the Democrats budget passed: Americas future is at risk because of proposed out of control Washington spending.  I supported the Republican alternative budget because I believe we can fulfill the mission of health and retirement security without burdening our children and grandchildren with an unsustainable debt.  Paying for this temporary recession with our childrens and grandchildrens money is fiscal abuse that I will not support.  Obama and the Democrats are setting this nation on a path towards European-style socialized government removing incentives for individual achievement and relinquishing our natural rights and freedoms." Rep. Conaway represents the 11th District of Texas and is a CPA.
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