Tuesday, February 14, 2012

Senate Minority Leader Sheds Light On Obama Budget

McConnell On Obama Budget: This Is "What A Failure Of Leadership Looks Like"

“The President wants to be able to take his budget around the country to talk about the parts of it he thinks people will like. And Democrats in Congress want to be able to avoid a vote on it because it’s so damaging for job creation, seniors, and the economy.

“Well, if anybody wants to know what a failure of leadership looks like, this is it.

“Three years ago, President Obama promised to cut the federal deficit in half by the end of his first term.

“He hasn’t even come close.

“And here he is, once again proposing the same failed policies that have prolonged this economic crisis we’re in into this President’s fourth year in office.

“After the national debt increased under his watch by more than 40 percent, he’s still throwing good money after bad. He’s still spending money we don’t have on things we don’t need. He still refuses to lead. And Democrats in Congress have been more than happy to enable it. They haven’t passed a budget of their own in three years — a failure of congressional leadership that will surely go down in history.

“At this point, nothing seems capable of rousing this President to action.

“Every day we hear the alarm bells sounding from across the Atlantic. They don’t seem to faze him.

“Every day we hear the warnings from experts and economists that our fiscal situation is unsustainable.

“Just a few months ago, the unthinkable happened when America’s credit rating was lowered.

“And what’s this President’s response: a budget he knows his own party won’t even support.

“So this is a charade.

“The only question — the only question — is when this President’s own refusal to lead will catch up to us.”

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