Republicans finally advocating fiscal responsibility…

CRDaily
Senator Judd Gregg (R-NH)

Senator Judd Gregg (R-NH)

Senator Judd Gregg (R-NH), one-time Obama nominee for Commerce Secretary, wrote an excellent piece for the Washington Post that succinctly described Republican qualms about the proposed budget and their own alternative. Some highlights:

“The president’s budget makes clear that a huge expansion of government is not just about today’s economic downturn. Once the recession is behind us, this budget will continue pushing for more and more government in our everyday lives.”

“The new spending is coupled with the largest tax increase in U.S. history — $1.5 trillion over 10 years.”

“Under the president’s budget, the national debt doubles in five years and nearly triples in 10 years. Our debt will exceed 80 percent of GDP by 2019 — the highest level since World War II.”

“At the heart of this budget debate are differing philosophies on the role of government in our lives. Republicans do not believe that we can expand prosperity by expanding government, or by increasing the burden of spending, taxes and debt. We believe that it is the individual American who creates prosperity and good jobs, not the government.”

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