Today President Obama announced the White House plans to push for PAYGO you can find the transcrips of the Presidents speech here
Now the president want to be a budget hawk??? I call BS
Quote:
In remarks at the White House this afternoon, Obama urged Congress to act quickly to pass his proposal to codify in law a pay-as-you-go requirement for the federal budget.While the proposal has found favor in the House, it appears to face major obstacles in the Senate, where the chairman and several members of the Senate Budget Committee said they would fight proposed exemptions for the alternative minimum tax and tax cuts passed during the Bush administration.
Here’s Leader Boehner’s reaction:
Boehner Statement on White House’s Announcement on “PAYGO”
WASHINGTON, DC – House Republican Leader John Boehner (R-OH) today issued the following statement on today’s White House announcement on “pay-as-you-go” (PAYGO) rules:
“PAYGO is a thinly-veiled excuse for Democrats to raise taxes in order to bankroll more wasteful government spending. And who will pay? The American middle class. Time after time this year, Democrats have ignored calls for fiscal responsibility and added more than a trillion dollars to our deficit – all of which will be paid by working families and their kids and grandkids. In the coming weeks, they plan to raise taxes to finance a government takeover of health care, once again putting a bulls-eye on the backs of the American middle class. We don’t need more rhetoric and gimmicks. We need action to tackle the tremendous fiscal challenges facing this nation, including reining in the Democrats’ budget plan for trillion-dollar deficits as far as the eye can see.”
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