Cornyn Responds to the President's Budget Proposal

Statement

Today U.S. Sen. John Cornyn (R-Texas), a member of the Senate Budget and Finance Committees, joined his Republican colleagues at a press conference and spoke on the Senate floor responding to the President's FY2013 budget proposal:

"The President's plan fails to right the ship and will continue to lead us down a path of more debt, higher taxes, and runaway spending - a path that has brought the economies of many European countries to the brink.

"All we have to do is look across the Atlantic Ocean and see what will happen when governments overspend and debt is allowed to go unchecked.

"The warning sound has been heard, and the fiscal tsunami that many budget experts said in the past would not hit this nation is fast approaching."

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