Last updated on August 10th, 2014 at 05:45 pm
“The Congressional Budget Office report proves that the Administration has indeed engaged in a policy of generational theft. The CBO numbers show the reality of the fundamentally flawed assumptions of the President’s budget and make clear what it really is: a risky, debt-ridden threat to the Nation. The CBO’s report projects deficits of over $2 trillion higher than what the White House predicted,” McCain said.
He continued, “This staggering deficit threatens our children’s and grandchildren’s future and simply cannot be sustained,” continued McCain. “If the Administration had learned anything in the last week, I would have hoped that it was that the American people deserve an honest accounting of what they’re paying for. The profligate spending spree the Congress and Administration has been engaged in must be controlled. I call on my colleagues on both sides of the aisle to chart a different course toward real change and fiscal responsibility.”
McCain wants an honest accounting of spending, but yet he criticizes the Obama budget, which is the most honest one that Washington, has seen in decades. I guess McCain prefers his budget deficits to come in the form of off the books military spending. I also would like to know if Senator McCain is really proposing that we should cut taxes and reduce federal spending during a recession? Herbert Hoover tried that once, and it didn’t work out so well.
Where was McCain’s criticism of the budgets of George W. Bush? Using his logic weren’t Bush’s budgets also a threat to America? Were they fine with McCain because they came from a fellow Republican? The Republican Party has zero credibility on budgets, when they spent the previous eight years running up huge deficits when the economy was in better shape. Obama’s budget is huge, but I am willing to cut him a break during this recession. The problem will come if Obama’s budgets after this year feature the same high level of deficit spending.
This is the line of attack that Republicans are going to use against Obama’s budget. Apparently, they learned nothing from the failures of the 2008 campaign. They are going to continue to play into Obama’s hands by trying to portray him and his policies as dangerous to the country, but unless Republicans can come up with an alternative, statements such as McCain’s are just more empty criticism.
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