GOP Address: Rep. Cathy McMorris Rodgers — Obama’s Budget Is ‘Roadmap to Greece’
Published at
US House of Representatives(WASHINGTON) — In this week’s republican address, Rep. Cathy McMorris Rodgers of the State of Washington says President Obama won’t keep his promises on the economy.
Referring to a February 2009 White House Summit on fiscal responsibility, McMorris Rodgers says the president has failed to keep his promise to cut the nation’s deficit in half by the end of his first term in office.
“Well, in the budget he submitted this week to Congress, the president admitted he won’t keep his promise. He won’t even come close. Because of the president’s failure to control spending, the government will run trillion-dollar deficits in each of his four years in office,” she says.
Rep. McMorris Rodgers says more broken promises seem to be coming, too. She says that when one does the math, “the president’s budget only achieves, at most, about a tenth of the savings it promises.”
“More than half of the proposed ‘savings’ in the president’s budget for the next year — about $2 trillion — are already law,” McMorris Rodgers says. “These savings come from the Budget Control Act — the bill congressional Republicans insisted that the president sign last year in response to his demand for an increase in the nation’s debt limit.”
“Another almost $1 trillion in ‘savings,'” she adds, “comes from what we call the ‘war gimmick’ — money that was never requested and will never be spent on wars in Iraq and Afghanistan. Those aren’t real savings.”
McMorris Rodgers says if the country continues on the same path of big spending, it could be headed toward the same fate as Greece, a country facing what is perhaps its most severe financial crisis as a result of international and regional factors and spending beyond its means.
“If we keep going like this, the consequences will be devastating. As we’ve learned from Greece and the European Union, no country can escape the costs of big government policies forever,” she says in the address.
“The president’s budget isn’t a blueprint for America — it’s a roadmap to Greece.”
Copyright 2012 ABC News Radio