CRAPO: SPENDING PLAN SO BAD IT GETS THREE 'NO' VOTES
Idaho Senator Mike Crapo, a member of the Senate Budget Committee, noted today's federal budget blueprint that narrowly passed the Senate is so bad that he had to vote against it three timesin committee and twice on the Senate floor. Crapo said the Fiscal Year 2009 Budget Resolution conference report that passed on a 48 to 45 vote is the first budget plan ever to top $1 trillion in spending and could raise taxes for the average American family by more than $2,000 annually.
"This budget blueprint does nothing to reduce wasteful and unnecessary spendingeven by a single dollar," Crapo said. "At the same time, the budget assumes tax increases on families to pay for billions of dollars in new spending. If there ever has been a tax and spend budget, this is it."
Crapo said the budget blueprint assumes the largest tax increases in history and ignores $66 trillion in unfunded entitlement obligations that will be passed to future Americans. Some senior citizens will see a $2,200 tax increase while some small business owners will see more than a $4,000 increase in taxes under the plan.