Cornyn: White Houses Sequester Substitute Raises Deficit

Even with the sequester spending will still be higher this year than it was last year. Cornyn-budgetTexas Insider Report: WASHINGTON D.C. Today U.S. Senator John Cornyn (R-TX) delivered remarks on the Senate floor on the pending sequestration and the lack of any serious proposal from the White House or Senate Democrats to address the issue. Click here to watch the video.
According to the Congressional Budget Office the White House backed bill…would actually raise the deficit this year by tens of billions of dollars. Its absolutely ludicrous especially when we consider that even with the sequester spending will still be higher this year than it was last year by the federal government. Even with the spending cuts mandated by the sequestrations $85 billion in cuts this administration will still have more money to spend this year than they did last year. At yet last year we didnt see planes falling out of the sky.  We didnt see empty supermarket shelves for lack of safe food.  Nor did we see the national parks shutting their front gates. Now is the time to cut spending.  That is the only way forward.  That is the only way to begin with one small step to return our country to sound fiscal footing."
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