Rep. Black: President Obama’s Budget is “Stunningly Unserious”
Washington, D.C. – Today, Congressman Diane Black (R-TN-06), a member of the House Budget Committee, released the following statement in response to President Obama’s budget proposal for Fiscal Year 2017:
“President Obama’s latest budget proposal – his sixth to miss the legal deadline for submission to Congress – is completely detached from reality. The White House’s own press release promised that his budget would be ‘focused on the biggest challenges facing the nation’ yet, by doubling down on costly new spending proposals, the budget ignores our greatest challenge of all: a looming debt crisis that threatens the economy we leave behind to our children and grandchildren. This budget never balances and would instead add $8 trillion in debt over the next ten years. That is not focusing on our challenges, it is running from them. Meanwhile, the budget’s absurd $10 tax on every barrel of oil promises to disproportionately impact lower and working class families at the gas pump; the very people this President purports to help,” said Congressman Diane Black. “Of all of the bloated budgets President Obama has proposed, perhaps none have been more indicative of his true worldview. This is a budget that puts all of its trust in government rather than the people our government was intended to serve. Given the stunningly unserious nature of this budget, I fully support Chairman Price’s decision not to hold a hearing on the proposal. Our committee members’ time will be better spent finalizing our own budget that will bring our books to balance and stand in stark contrast to this lame-duck, liberal wish list.”
-Proposes a record-setting $4.1 trillion in federal spending during Fiscal Year 2017 alone (Source: Table S-4)
-Will increase federal spending by $2.5 trillion over the budget window (Source: House Budget Committee)
-Proposes to raise taxes by $3.4 trillion over the budget window (Source: House Budget Committee)
-National debt will increase to $27.4 million over the budget window (Source: Table S-13)
Congressman Diane Black represents Tennessee’s 6th Congressional District. She has been a nurse for more than 40 years and serves on the House Ways and Means Committee and Budget Committee.