House Economic Leader says lack of austerity adds trillions more to the debt imposes job-killing tax hikes
Texas Insider Report: Washington D.C. -- This budget is simply not grounded in reality. Despite imposing job-killing tax hikes on Americans and even then still projecting a $6.6 trillion deficit over the next 10 years the President apparently thinks money grows on trees because not once in this document is the word austerity to be found said Congressman Kevin Brady (R-TX) the top Republican on the Joint Economic Committee and a senior member of the House Ways & Means Committee upon release of the Presidents proposed 2013 Federal Budget.
I dont know whether I am more embarrassed for the President or shocked on behalf of hard-working taxpayers.
Had the President offered a serious budget to move us toward sounder fiscal footing I believe he would have found many Republicans prepared to work with him. Instead the President has needlessly killed many trees and wasted many bureaucrat hours on a political document aimed at his re-election instead of the betterment of the country Brady said.
Brady is the author of the Maximizing Americas Prosperity (MAP) Act which would require a serious prioritized budget from the White House add smart spending caps and guardrails around Washingtons out of control spending and sunset federal programs agencies and projects that waste Americans hard-earned tax dollars.
Had the President produced a serious budget with even modest fiscal restraint this budget could have been a seminal document helping him to be the transformative president that he aspired to be in 2008. Instead if he is to be a one-term president it will be a monument to his folly and the failure of big government."
