Rep. Grimm Statement on President Obama’s FY 2013 Budget

WASHINGTON, DC – Today, Rep. Michael G. Grimm (R,C-NY) issued the following statement on President Obama’s FY 2013 Budget:

“President Obama has once again given us more of the same: record levels of new spending, tax hikes, and debt.  He has chosen to ignore real long-term solutions for economic growth in exchange for short-term political gains. In doing so, he has broken his promise to cut the deficit in half by the end of his first term and given us a fourth straight year of $1 trillion-plus deficits.

“This budget reiterates this president’s failure to lead. We have a record high debt, unemployment over 8% for 36 consecutive months, and unsustainable entitlement programs that are quickly going bankrupt. We need tough, bold leadership if we are going to create jobs and preserve our safety nets so that they can continue to care for our growing senior population.  Unfortunately, the president’s budget fails to deliver.

“On our current trajectory, we are not far off from becoming the next Italy or Greece.   With this budget, the president has missed an opportunity to change our path and make America a stronger global leader by sending a message that we are serious about reducing our debt and strengthening our economy.

“The American people deserve better than a plan that gives us more of the same failed policies clouded with campaign rhetoric.  We deserve a strong, sustainable plan that creates jobs, reduces our debt, and secures the care of our nation’s seniors and future generations to come.  President Obama had an opportunity to change the course of our nation, and his budget falls short on all accounts.”

Federal law stipulates that the budget is to be released no later than the first Monday in February. President Obama released his today, one week after the deadline.

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