“Not only have [Senate Democrats] failed to adopt a budget but, with America under threat of financial calamity, they have refused to even present a plan for public scrutiny.”
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, and Rep. Paul Ryan (R-WI), Chairman of the House Budget Committee, released the following joint statement today ahead of the 1,200th day since Senate Democrats have last adopted a budget plan:
“Tomorrow marks another disappointing record for the United States Senate: Senate Majority Leader Reid and his Democrat conference will have gone an unprecedented 1,200 days without adopting a budget plan as required by law. Not only have they failed to adopt a budget but, with America under threat of financial calamity, they have refused to even present a plan for public scrutiny. Last year, Majority Leader Reid said it would be ‘foolish’ to do a budget and the legally required Budget Committee mark-up was cancelled. No plan from his conference has seen the light of day. He refuses to disclose who he plans to tax and how he plans to spend taxpayers’ money.
This year, Senate Budget Committee Chairman Kent Conrad committed to bringing forth a budget plan and conducting a mark-up, and was shut down by the Majority Leader. Once again, the conference put forward no proposal and offered nothing on the Senate floor. The Senate Majority did not offer up a single plan or even cast a vote in support of a single plan. By contrast, House Republicans laid out and adopted a credible, responsible plan that avoids this looming debt crisis with spending cuts and pro-growth tax reform while preserving the safety net.
Never before has our nation needed a budget and a long-term financial plan as badly as it needs one now. The Congressional Budget Office stated this week that the federal government is on track to run another trillion-dollar deficit this year and our debt will continue to explode with this continued lack of leadership. In addition to huge deficits, we face a $4 trillion tax increase at the end of this year and a sequester that Defense Secretary Panetta said will ‘do catastrophic damage to the military.’ Responsible and moral leadership requires the Senate to meet its legal obligation to pass a budget and to begin to address the fiscal crisis that is fast approaching our nation.”