Congressman Chuck Fleischmann commented on President Obama’s Fiscal Year 2013 budget and said he would introduce his own legislation later this week to make a common-sense budget reform that will save hundreds of billions of dollars.
“The President has once again introduced a budget that will produce a deficit of over $1 trillion – his fourth budget in a row to do so. It is filled with more stimulus spending and tax increases, and is a continuation of his policies that have already failed. This budget also means the President will fail to live up to his pledge to cut the deficit in half by the end of his first term. The American people are tired of the same failed policies and government spending that is creating a mountain of crushing debt. This budget is unacceptable,” Congressman Fleischmann said.
“Later this week I will introduce legislation that will reform the budgeting process in a way that significantly reduces discretionary spending going forward. I have also co-sponsored a Balanced Budget Amendment to the Constitution, and the Republican-led House has passed a budget that puts our country on a path to fiscal solvency – while the Senate has done nothing for over 1,000 days. In my first year in Congress I found solutions to support that totaled over $1.6 trillion in cuts from the budget. There were many ideas for the president to pull from and listen to as he put this budget together, including his own commission on fiscal responsibility, but unfortunately he chose to ignore them and is continuing to take our country down a path that is not sustainable. I will continue to fight for less government spending and more common-sense solutions to our country’s fiscal problems.”