President's Budget Would Make Things Worse

Our nation is in dangerous financial territory. Our national debt exceeds $15 trillion, almost $5 trillion higher than it was just three years ago when the president took office. Instead of living up to his commitment to get our nation's fiscal house in order, President Obama has continued to ignore our fiscal crisis and propose spending increases our nation can't afford. Most recently he put forward a budget containing a staggering 62 percent spending increase over the next ten years. Putting our nation back on a sound financial footing will require the exact opposite of what the president has proposed. Instead of spending hikes and tax increases, we need to focus our efforts on cutting spending and growing the economy by encouraging private-sector job creation.