Jun 27 2011
WASHINGTON, D.C. - U.S. Senator John Boozman today delivered a speech on the Senate Floor questioning the Democratic-led Senate majority’s inaction on budget proposals and desire to cut spending.
"It’s been nearly 790 days without the majority in this chamber proposing a budget and it appears the majority isn’t anxious to work on one. The majority-led Budget Committee has failed to meet this year to begin working on a resolution."
Boozman discussed the need for fiscal reform citing economic troubles in countries around the globe and the latest warnings by the Congressional Budget Office.
"Our nation’s debt will exceed the size of the U.S. economy by 2021 and will double the size of our nation’s GDP within 25 years. This is not the way I want to leave this country for my kids, grandkids and the people of Arkansas."
Boozman encouraged spending reductions and urged President Obama to "take tax hikes off the table" and get to work reining in the reckless spending.