Press Releases

Bachus Supports Job-Creating Budget that Cuts Taxes Across the Board, Curbs Wasteful Spending

WASHINGTON, April 2, 2009 -

Democrats $3.6 Trillion Budget Spends, Taxes, and Borrows Too Much

         "Republicans offered solutions in our budget aimed at creating jobs and economic growth, not more government and not more unaffordable debt."

- Congressman Spencer Bachus (AL), the top Financial Services Committee Republican, today supported the Republican alternative budget written by Congressman Paul Ryan (WI) that puts America on a path toward economic recovery by curbing wasteful spending, allowing small businesses and working families to keep more of their money through broad-based tax cuts, and controlling our growing debt. Bachus released this statement:

"Just months into this Congress, the Democrat Majority has pushed an additional $350 billion in TARP funds out the door without additional oversight, passed a $410 billion spending bill full of wasteful pet projects, and handed our children and grandchildren the tab for the largest single spending binge our nation has ever seen in the form of a $1.2 trillion so-called stimulus bill.

"Today, their budget calls for taxpayers to commit $3.6 trillion more of their hard-earned money without transparency or adequate oversight. This budget spends too much, taxes too much and borrows too much. It expands government control on a scale that we have never seen before, not even during the New Deal.

"We are witnessing a relentless expansion of the federal government and I, for one, am worried. So are the American people. That's why Republicans offered solutions in our budget aimed at creating jobs and economic growth, not more government and not more unaffordable debt.

"The American people understand that this generational theft must end. The Republican budget reflects their priorities, and moves the country in the right direction toward economic recovery."

NOTE: Click HERE to read more about the Republican budget, entitled "The Path to American Prosperity."

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