Grassley Statement on Biden’s Missed Budget Deadline

WASHINGTON – Sen. Chuck Grassley (R-Iowa), ranking member of the Senate Budget Committee, issued the following statement today after President Joseph R. Biden failed to produce a budget proposal by the statutory deadline.

 

“It’s the first Monday in February and the White House has produced no budget. After two years of abusing the budget process to pursue reckless, partisan spending, we should not be surprised at what has become typical irresponsibility. But that does not mean we should let it slide.

 

“Households have to budget, so should the government. The lack of discipline today bodes poorly for the fiscal health of the country. The national public debt is on course to reach nearly 110 percent of GDP within a decade. Within three decades, interest on the debt will be the single biggest budget item—bigger than Social Security or Medicare.

 

“We ought to return to real budgeting and prioritize fiscal health for the future, even if the president doesn’t seem to care.”

 

-30-