About an hour ago, I received the following press release via email from Paul Ryan, House Budget Committee.
“PRESS RELEASE
FOR IMMEDIATE RELEASE
September 19, 2011
PERMALINK
CONTACT: Conor Sweeney,
Gerrit Lansing
(202) 226-7270
Ryan: Still Waiting for Credible
Plan from President Obama
President Insists on Tax Hikes for Job Creators,
No Plan to Lift Crushing Burden of Debt
WASHINGTON – In response to the President’s latest proposal to raise taxes on job creators, House Budget Committee Chairman Paul Ryan issued the following statement:
‘The President’s partisan speech and misguided proposals are disappointing, but not surprising. Having overseen an unprecedented surge in government spending – from his failed stimulus law, to the creation of new trillion-dollar health entitlements, to double-digit percentage increases in the budgets of many federal agencies – the President has finally admitted that he plans to send the bill for Washington’s reckless spending straight to American businesses and families. A $1.6 trillion tax hike on job creators is never a good idea. But taking more money from private savers and investors, and giving it to the same government bureaucrats who brought us the Solyndra debacle, is an even worse idea – especially in a weak economy.
‘Unfortunately, none of the President’s proposals this year – from his February budget to his April budget speech, to his recommendations today – offers a credible plan to lift our crushing burden of debt while restoring economic growth. Instead of renewed prosperity, the President has offered us a plan for shared scarcity. The nation deserves better.’
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