Will Mike McIntyre Vote for a Budget that Spends Too Much, Taxes Too Much, and Borrows Too Much?

February 1, 2010 in News | Comments (0)

WASHINGTON, D.C. — If North Carolina taxpayers thought they had seen the worst of Mike McIntyre’s fiscal recklessness, today’s White House budget proposal makes it clear that the worst could be yet to come. After Democrats pushed through last year’s $3.6 trillion monstrosity, the Obama administration will be leaning hard on McIntyre to rubber-stamp this year’s earth-shattering $3.8 trillion request. McIntyre’s party already voted to put the nation’s finances in the red for a generation and now his party leaders are pushing a plan that racks up over $5 trillion in debt over the next five years:

“President Barack Obama’s new $3.83 trillion budget — on its way to Congress Monday — anticipates an even worse deficit this year than last and no big improvement until the economy improves and the nation sheds the crushing costs of two wars overseas.”

“The strain shows itself in the new deficit projections, far worse than what the White House forecast in its first budget at this time a year ago.

“After a record $1.4 trillion shortfall in 2009, the administration now says the red ink will reach $1.56 trillion this year and be little better, $1.27 trillion in 2011.

“In fact, it’s not until 2014 and 2015— when Obama hopes to be in his second term— that he has any hope of deficits approaching a sustainable level.” (David Rogers, “Five Years, $5.08 Trillion in Debt,” Politico, 2/1/10)

“With the Obama White House and Washington Democrats pushing the country to the brink of bankruptcy, it’s time for Mike McIntyre to finally put an end to his party’s fiscal recklessness,” said NRCC Communications Director Ken Spain.

“Taxpayers are once again being asked to pay for Washington’s out-of-control spending spree, but McIntyre could be poised to sign off on another budget that spends too much, taxes too much, and borrows too much. North Carolina families are looking to McIntyre for some relief from this massive financial burden, but all he has provided is a rubber-stamp vote for his party’s spending addiction.”

Will Mike McIntyre finally take a stand against his party’s big-spending ways and help bring North Carolina families out of the red? If his record thus far is any indication, his constituents shouldn’t hold their breath.

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