05.23.11

Sessions Responds To Report That Senate Dem Budget Will Have More Taxes Than Savings

WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following comment today after news reports surfaced that the not-yet-public Democrat budget will tax more than it saves:

“I am troubled by reports that the Senate Democrat budget will tax more than it saves—cutting only $1.5 trillion over ten years at a time when then this year's deficit alone will reach that high. Our committee will soon release an analysis conclusively showing that countries pursuing this tax-heavy approach experience far worse results and far weaker growth. We need an honest, fact-based budget that ends wasteful Washington spending instead of hiking taxes to pay for it. These reports underscore the need for Democrats to submit their budget to public scrutiny, instead of withholding it until after the markup begins.”