March 09, 2023

Arrington: President’s Budget DOA in Republican House

WASHINGTON – House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement today on President Biden’s Fiscal Year 2024 budget, which was not only submitted late, but is incomplete and missing the supplemental documentation traditionally included to illustrate how the budget would be implemented.

“For two years, President Biden went on a massive, nonstop tax and spending spree. His new budget contains the highest sustained levels of taxes, spending, and deficits in American history.

“His policies have resulted in 40-year record inflation, soaring interest rates, and the prospect of a sustained economic recession.  Unfortunately, Biden’s latest budget is more of the same bloated bureaucracy at the expense of working families, while sticking our grandchildren with the bill.

“After the election, President Biden was asked what he would do differently the next two years, and he responded emphatically, ‘Nothing.’

“After reviewing the same wasteful spending and failed economic policies in his recent proposal, I can confirm he has kept his promise.”