Diaz-Balart: President's Budget Neglects Fiscal and Economic Challenges

Washington, D.C. – Congressman Mario Diaz-Balart (R-FL) issued the following statement in regards to President Obama’s FY2012 Budget. Diaz-Balart comments:

“President Obama’s budget neglects the fiscal and economic challenges facing our country. Instead, he proposes continued runaway spending and borrowing that will only accelerate us into bankruptcy. The President’s budget proposes we head down the same unsustainable path we have been on for the past two years, resulting in record high unemployment and unprecedented debt and deficit. If families are forced to ‘live within their means,’ the federal government should do the same; yet, Obama’s budget sets $8.7 trillion aside in new spending and calls for a job-crushing $1.6 trillion tax hike on families, small businesses, and job creators.

“While President Obama refuses to fulfill his role as chief executive and lead our country into prosperity; my Republican colleagues and I will continue to propose and advance different strategies to promote job creation, innovation, and help restart economic growth.”