Garrett: President’s budget reads like a how-to guide for debt, deficit, and taxes
WASHINGTON, D.C. – Rep. Scott Garrett (NJ-05), a senior member of the House Budget Committee, released the following statement after President Obama unveiled his Fiscal Year 2017 budget proposal to Congress today:
“President Obama’s budget proposal reads like a how-to book on creating debt, raising taxes, and crippling the economy. Unfortunately, the final edition of this wildly unpopular story is full of broken budget policies that hurt New Jersey families and—spoiler alert—it still never balances. And as soon as hardworking families were starting to feel some relief at the fuel pump, the president’s budget proposes a new tax on oil that will increase costs for all Americans.
“It’s unfortunate that, after years of an underperforming economy and a nearly $20 trillion national debt, the president still feels that the best solution is more spending and higher taxes. I’ll continue to fight to rein-in wasteful spending and create a government that is efficient, accountable, and effective so everyone can have the opportunity to get ahead.”