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Foxx statement on President's $3.8 trillion budget

United States Rep. Virginia Foxx (N.C.-5) today issued the following statement on President Obama's budget proposal for fiscal year 2011:

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United States Rep. Virginia Foxx (N.C.-5) today issued the following statement on President Obama’s budget proposal for fiscal year 2011:

“Over the past week President Obama has repeatedly called for responsible spending policies, Foxx said.  “In the middle of these difficult economic times it makes more sense than ever to reduce government spending and keep taxes low.

“That’s why I’m disappointed that President Obama proposed a $3.8 trillion budget that is the largest in our history.  Even worse, the President’s budget creates the largest deficit in history.  

“This budget lacks the sort of accountability Americans want from Washington.  It contains more spending, more debt and more taxes, which will not restore our economy or help unemployed North Carolinians find work. 

“Growing government and exploding debt are just more of the same big government policies that North Carolinians are weary of watching in Washington.  While President Obama’s budget does get some things right, it unfortunately gets most things wrong.  As North Carolina taxpayers continue to tighten their belts, we can do better than $1.6 trillion in new debt for more wasteful Washington spending.”

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