NEWS RELEASE FROM THE OFFICE OF CONGRESSWOMAN LYNN JENKINS
Congresswoman Jenkins Questions Secretary Lew Regarding President’s Budget Proposal
Jenkins: So under this budget, what year will the federal government stop spending more money than they take in? Do we have a year? So it never ever balances?
WASHINGTON, D.C. – Congresswoman Lynn Jenkins (KS-02) questioned Treasury Secretary Jack Lew regarding the President’s FY2015 budget proposal at a House Ways and Means Committee hearing on Thursday, March 6, 2014. After questioning Secretary Lew, Congresswoman Jenkins released the following statement:
“The president’s budget is not a serious statement of policy, it is a statement of politics. If his budget were to become law it would add $8.3 trillion to the debt, hike taxes by over a trillion dollars, and it fails to ever balance. This is coming from the same president that criticized his predecessor as “unpatriotic” and “irresponsible” for growing the debt from $5 trillion to $9 trillion in his eight years in office.
“I asked Secretary Lew, under this budget, what year will the federal government stop spending more money than it takes in? There was no clear answer and instead Mr. Lew pivoted to a number of excuses, including blaming the previous Administration. It is clear the president intended his budget to be used as a political token going into the 2014 elections, rather than a serious exercise in crafting fiscal policy for our country.”
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