Van Hollen Statement on President Obama's Budget Proposal

Statement

Today Maryland Congressman Chris Van Hollen, Ranking Member of the House Budget Committee, issued the following statement on President Obama's budget proposal:

"The President has put forth a budget that reduces our deficit, while also investing in our future. Two years after the President inherited the worst economic crisis since the Great Depression and a structural deficit that came from years of fiscal irresponsibility, we have made progress. But we must do more to invest in job creation and economic growth in the short-term, as well as get our nation on a long-term, responsible path to fiscal sustainability. This budget makes an important step towards both those goals.

"There is no question President Obama has made some tough decisions. But this budget also keeps in mind that we need to make smart choices that will create more jobs, lift up middle-class families, and keep our economy growing. While I don't agree with everything in this budget, it is a responsible place to start. It prioritizes national investments that will help our economy continue to recover and keep America competitive, focusing on important investments in things like infrastructure, education, and research. It also extends tax cuts for the middle class, while rejecting tax breaks for the wealthiest 2 percent. And it represents an important down payment on getting our fiscal house in order.

"The President's budget stands in sharp contrast to the House Republicans' proposed funding bill for the remainder of the year. We need to get serious about debts and deficits in this country -- but while Democrats propose smart, precise cuts, the GOP wants to blindly slash in the short-term and has no plan for long-term fiscal sustainability. The President's budget is a responsible proposal that will help America move forward, while the reckless Republican bill will cost jobs and hurt the economy."

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