Sessions On President's Upcoming Address: A Speech Is No Substitute For A Budget
“Today’s dismal jobs numbers further demonstrate that the country needs much more than a speech—it needs the confidence and certainty that only a concrete fiscal plan can provide.”
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today regarding the president’s upcoming address to Congress in light of today’s figures showing that no net jobs were added last month, and in light of the president’s submission of budget revisions yesterday that did not include policy changes to reduce the deficit or create jobs:
“President Obama has been in office almost three years, during which time our gross debt has increased almost $5 trillion and surged past 100 percent of GDP—sacrificing a million jobs a year or more as a result. Yet the president has still not presented a credible economic plan that the American people can evaluate, let alone rally behind. Today?s dismal jobs numbers further demonstrate that the country needs much more than a speech—it needs the confidence and certainty that only a concrete fiscal plan can provide.
Yesterday, the president took a significant step in the wrong direction. He submitted his Mid-Session Budget Review, 7 weeks after the legal deadline. That document reveals that the president still has no real plan to reduce the deficit—let alone a plan to reduce it by $4 trillion. As of now, the only plan he has ever submitted on paper remains his February budget, which would double our nation?s gross debt in ten years. His Mid-Session Review contains no policy changes to reflect his April speech that alleged a new deficit framework. It also contains no policy changes to reflect his speech to be delivered next week to a joint session of Congress. A speech is no substitute for a budget. For his address to Congress to be credible he must follow it with a concrete plan, on paper, that begins to reverse the economic damage his policies have caused.”
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