McCain Statement on Obama's Budget

FOR IMMEDIATE RELEASE:
Friday, March 20, 2009

STATEMENT BY SENATOR JOHN McCAIN

Washington, D.C. ­– U.S. Senator John McCain (R-AZ) today released the following statement in response to the Congressional Budget Office (CBO) report on the President's budget:

“The Congressional Budget Office report proves that the Administration has indeed engaged in a policy of generational theft,” said Senator John McCain.  “The CBO numbers show the reality of the fundamentally flawed assumptions of the President's budget and make clear what it really is: a risky, debt-ridden threat to the Nation.  The CBO's report projects deficits of over $2 trillion higher than what the White House predicted.”

“This staggering deficit threatens our children's and grandchildren's future and simply cannot be sustained,” continued McCain.  “If the Administration had learned anything in the last week, I would have hoped that it was that the American people deserve an honest accounting of what they're paying for.  The profligate spending spree the Congress and Administration has been engaged in must be controlled.  I call on my colleagues on both sides of the aisle to chart a different course toward real change and fiscal responsibility.”

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