New Deficit Projections Highlight Democrat Reckless Spending

FOR IMMEDIATE RELEASE
May 11, 2009

Congressman Joe Wilson (R-SC) issued the following statement today after Office of Management and Budget (OMB) Director Peter Orszag announced that the White House had revised their deficit numbers to add an additional $90 billion in deficits for Fiscal Year 2009 and 2010. The new estimates project a $1.841 trillion and $1.258 trillion deficit for 2009 and 2010 respectively.

“While this administration may try to blame this mounting debt on technical revisions or difficult economic times, it’s quite clear that these massive deficits are being created on their watch and through their big government policies that borrow too much, spend too much, and tax too much. House Republicans have continued to offer better solutions that will rein in deficits and get our economy back on track. We have brought to the table proven strategies to provide relief for American families and small businesses to help them grow our economy and create jobs. I hope this Administration and their Democrat allies in Congress will stop the Washington borrowing and spending spree and stand with Republicans to restore some fiscal sanity.”

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