Wilson: “Under the Obama Administration, our nation is 100 days older and deeper in debt.”

FOR IMMEDIATE RELEASE
April 29, 2009

Congressman Joe Wilson (SC-02) issued the following statement today as the Obama Administration marks their first 100 days in power – 100 days of big spending and growth in government.

“Under the Obama Administration, our nation is 100 days older and deeper in debt,” said Rep. Wilson. “It is clear that President Obama and his Democrat allies in Congress have taken an economic crisis and chosen to exasperate a fiscal crisis. Unlike the change they promised, the only thing particularly novel about this first 100 days is the unprecedented speed at which they have been willing to place this nation and future generations into greater and greater debt.”

Today, House Democrats passed a $3.6 trillion budget proposal for FY2010 that includes $1.5 trillion in future tax hikes on American families and small businesses and future annual budget deficits that never dip below $500 billion.

“It is fitting that this new administration and their Democrat allies would celebrate their first 100 days by passing a budget that creates more debt than every prior president combined. Their budget doubles the national debt in five years and nearly triples it in 10 years by consistently creating the highest annual budget deficits this country has ever seen. It is a blueprint for runaway spending and tax hikes on American families. It is a massive down payment on an unsustainable expansion in government size and influence.”

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