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Economy

Congressman Lucas’ Statement on President’s Budget

Apr 10, 2013
Economy
Press

Washington, D.C. – Congressman Frank Lucas today made the following statement after President Obama released his budget.

“President Obama submitted his budget plan today. Not only was it submitted two months late, but it also includes more tax hikes on hard working Americans and fails to create balance. This is the last thing American’s need at a time when unemployment rates remain high and we face a national debt over $16.7 trillion. Adding an extra layer of tax burdens on hard working Americans will not create economic prosperity. The president needs to realize our country has a spending problem, and only commonsense spending cuts will help solve our nation’s debt disaster.

“Recently, House Republicans passed a budget that balances the federal government’s checkbook by reducing the deficit $4.6 trillion over the next 10 years. This is a plan that will help restore financial stability and create jobs in our country. The president should follow our lead and make similar spending cuts to help get our country on the right path. I will continue to work with leaders of Congress to enact real spending reforms that will allow our country to thrive – Americans can’t wait much longer for a budget that actually balances.”

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