Sen. Cornyn: On 100th Day Of ‘Change,' Democrats Pass Budget Resolution Saddling Nation With Unprecedented Spending, Taxes & Debt

Statement

Sen. Cornyn: On 100th Day Of ‘Change,' Democrats Pass Budget Resolution Saddling Nation With Unprecedented Spending, Taxes & Debt

U.S. Sen. John Cornyn, a member of the Senate Finance and Budget Committees, issued the following statement regarding his opposition to final passage of the FY10 Budget Resolution, which passed the Senate this evening.

"It's fitting that, on President Obama's 100th day in office, Democrats would pass his $3.6 trillion budget that taxes, spends and borrows too much. Since his inauguration, Democrats have spent more than $12 billion a day. Their budget will only make the situation worse because it
fails to help middle-class families and small businesses - the backbone of our economy. Democratic leaders rejected many bipartisan, common-sense efforts that would have kept taxes low, reduced wasteful spending and protected small businesses. Despite being approved by an overwhelmingly bipartisan group of 82 Senators, an amendment that I offered to protect small businesses from income tax increases was stripped out by Democrats in conference.

"Saddling our nation with more debt and setting unprecedented levels of government spending is not the best way forward for our economy. I could not support a budget that puts us on such a destructive path. Forcing a flawed budget through Congress with no Republican support is a far cry from the bipartisanship President Obama promised the American people."

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