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CBO Raises Alarm Bells On $3.6 Trillion Budget Proposal

Statement

Date: March 20, 2009
Location: Washington, DC
Issues: Government Budget and Spending

U.S. Senate Republican Leader Mitch McConnell made the following statement Friday regarding the Congressional Budget Office report showing the massive spending, taxes and debt in the administration's budget:

"If there was ever any doubt that the administration's budget spends too much, taxes too much and borrows too much—it's gone. This non-partisan CBO report shows clearly that the budget spends, taxes and borrows far too much. It's worse than even the most pessimistic predictions for this budget.

"Republicans will offer better ideas to control the spending that Americans can't afford, create jobs and cut the overwhelming and unsustainable national debt."


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