“I will ask again as I did at the hearing… does the president propose to increase or decrease spending levels from those agreed to under the Budget Control Act in August? … I was shocked when you—the president’s budget chief—strenuously resisted answering this fundamental question.”
Read More“Secretary Geithner… you are a capable and loyal member of the administration. But, more fundamentally, you are a servant of the American people. You have an opportunity today to help us understand both the dangerous unsustainability of our fiscal path, and the depth of change needed to right our course… History will ju...
Read MoreWASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued a statement today following Treasury Secretary Timothy Geithner’s testimony before the Committee: “The Administration continues to persist in the duplicity that this budget cuts spending when it increase...
Read MoreThe president’s 2013 budget claims it will result in declining deficits from $1.3 trillion in 2012 (8.5 percent of GDP) to $0.9 trillion in 2013 (5.5 percent of GDP) to no less than $0.6 trillion in any subsequent year. The budget fails the pledge the president made on February 23, 2009 at his Fiscal Responsibility ...
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