President Obama is urging Congress to adopt the priorities he lays out in his new federal budget that would cost more than $4 trillion for just the next year, but Republicans say the president refuses to change course after American voters roundly rejected his current economic strategy.
Rep. Scott Garrett, R-N.J., also said Obama’s fiscal approach would greatly burden future generations and make spending on real priorities increasingly difficult.
Obama’s federal budget for Fiscal Year 2016 would cost north of $4 trillion. He calls for a series of tax increases on investors and corporations to pay for specific, targeted tax credits for working families. Obama calls it “middle-class economics” and stated Monday that those policies plus spending on education, infrastructure and other priorities amount to investments America can’t afford not to make.
Republicans are declaring the proposal dead on arrival. Garrett is the senior GOP member on the House Budget Committee. He said the Obama budget is disappointing but hardly surprising.
“This is just a lousy Groundhog Day repeat, or as Yogi Berra would say, ‘This is deja vu all over again.’ You see the same thing from this president budget after budget. It increases taxes. It expands the size of the government. It expands the size of the same failed government programs that are not doing anything to create jobs,” he said.
Garrett is also stunned at how both Obama’s budget and last month’s State of the Union message appeared to contain no acknowledgement of the political upheaval that took place last November.
“The American public had rejected his spendthrift, bailout type of spending patterns that he had in the past,” Garrett said. “The American public has also rejected the idea that. And the American public has also rejected the idea that we have to live in an economic morass that we’ve lived over the last six years. We have to turn things around, and I think that’s what the public is asking Washington to do.” More