Sen. Ron Johnson (R-Wis.) issued the following statement alongside Republican members of the Senate Budget Committee today after President Obama released his final budget, which joins his previous fiscal blueprints in pushing for more taxes, more spending, more deficits and more debt for the nation.
“The federal debt totaled $10.6 trillion when President Obama took office,” Johnson said. “Since then, it has grown by $8.4 trillion. That means that the mountain of debt piled on our children and grandchildren has grown by about $37,600 for every second that Barack Obama has been in office.
That is immoral. But worse, the nonpartisan Congressional Budget Office projects that our current course will add $103 trillion to the total over the next 30 years — or more than $108,000 for every second of the next 30 years. It’s well past time to face the truth and stop this intergenerational theft. We must not make future generations suffer for our inability to limit the size, scope, and cost of big government.”
