Turner comments on president's budget proposal
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Washington, D.C. – Third District Rep. Mike Turner has released the following statement upon President Obama's release of his Fiscal Year 2012 budget proposal:
“Today, the president announced a budget proposal which offers $3.8 trillion in spending this year alone – that is 25.3 percent of our Gross Domestic Product.
"This is the highest percentage of spending in relation to GDP since World War II.
"In addition, his budget offers a $1.6 trillion tax hike on job creators, which makes it more difficult for businesses to put Americans back to work," Turner said.
"We are in a debt crisis, and offering a budget which projects a $1.6 trillion deficit while raising taxes on struggling families does nothing to address this issue. The president’s recommendations for cuts and efficiencies offer a starting point for a discussion.
"Going forward, Congress will have a bipartisan debate on crafting a budget which takes real steps towards eliminating the deficit, creating jobs, addressing our trade deficit, and prioritizing spending to ensure a strong national defense.”[[In-content Ad]]
“Today, the president announced a budget proposal which offers $3.8 trillion in spending this year alone – that is 25.3 percent of our Gross Domestic Product.
"This is the highest percentage of spending in relation to GDP since World War II.
"In addition, his budget offers a $1.6 trillion tax hike on job creators, which makes it more difficult for businesses to put Americans back to work," Turner said.
"We are in a debt crisis, and offering a budget which projects a $1.6 trillion deficit while raising taxes on struggling families does nothing to address this issue. The president’s recommendations for cuts and efficiencies offer a starting point for a discussion.
"Going forward, Congress will have a bipartisan debate on crafting a budget which takes real steps towards eliminating the deficit, creating jobs, addressing our trade deficit, and prioritizing spending to ensure a strong national defense.”[[In-content Ad]]