Despite President Obama’s recent calls for fiscal responsibility, if Congress implements his budget request, we would more than double the debt, drive spending to a new record of $3.8 trillion for the next year, push the deficit to a new record of $1.6 trillion this year, and raise taxes by more than $2 trillion through 2020.
This budget goes beyond fiscal irresponsibility; it is fiscal insanity. The President’s budget features too many new taxes, too much new spending and too much new debt, all of which will discourage job creation and growth in our economy.
Although, I’m pleased President Obama has spoken out about the need to get our fiscal house in order, and his proposed freeze of some spending next year is certainly a good first step, Washington must get serious about fiscal responsibility. As the voice for the people of the 19th Congressional District in Washington, I will continue to hold the President and Congress accountable and fight for fiscal discipline. We need more than a targeted freeze in some spending; we need real spending reductions.
About Me
- Rep. Randy Neugebauer
- Randy Neugebauer represents the 19th District of Texas, which stretches across 27 counties and includes the cities of Abilene, Big Spring, and Lubbock. He is now in his fourth term in U.S. House of Representatives after first taking office on June 5, 2003.
