We've Moved- Please Come See Us

Check out the new home for New Hampshire Watchdog:


Friday, May 22, 2009

Jeanne Shaheen: A federal budget to get our economic house in order

Sen. Jeanne Shaheen pens a column in this morning's Union Leader claiming that the Obama Administation's proposed budget increases spending in the short term, but controls deficits long term:
Fiscal discipline is the New Hampshire way, but for far too long it hasn't been the Washington way.

Over the past eight years, politicians in Washington turned a record budget surplus into a record deficit. Federal spending doubled, and our national debt soared to more than $10 trillion. This fiscal recklessness helped fuel the current economic crisis. And now, at the very moment when there is finally the political will in Washington to tackle the debt, we have to spend money to stimulate the economy.

It's the right thing to do in the short term. But in the longer term, we need to get back on the path to a balanced budget. The budget resolution recently passed by Congress addresses both our short-term and long-term economic needs.
There is no credible way to claim that this proposed budget cuts the deficit, short-term, long-term, or ever:

No comments:

Post a Comment