President's Budget Lacks "Bold Ideas,' Fails to Address Looming Debt Crisis

Statement

Congressman Tim Griffin (AR-02) issued the following statement regarding President Obama's proposed budget for fiscal year 2012:

"As I said after the State of the Union, we need bold ideas from President Obama. Unfortunately, this budget fails to deliver, is bigger than the President's prior record setting budgets and doesn't address the out-of-control growth of entitlement spending.

"The President is asking us to spend more money next year than we did last year and his budget proposal expands the deficit to a record $1.65 trillion while adding trillions of dollars to the national debt over the next ten years. The national debt is the greatest challenge of our lifetime and the head of the President's own fiscal commission--President Clinton's Chief of Staff Erskine Bowles--says this budget goes "nowhere near where they will have to go to resolve our fiscal nightmare.' I am committed to working together in a bipartisan manner in Congress to pass a budget that will start to get our fiscal house in order."

Source