On Two-Year Anniversary, Sessions Comments On Failed Stimulus
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, today commented on the second anniversary of the enactment of President Obama’s stimulus package, which spent nearly $1 trillion in a failed effort to revive the economy and bring down unemployment. Sessions made his remarks at a hearing with Treasury Secretary Timothy Geithner, […]
Sessions to Geithner: Grow the Economy, Not the Government
“We need to stop growing the government and start growing the economy. That means reducing spending now. The situation is too urgent—and the need for a new direction too great—for us to delay action any longer.” WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, delivered an opening statement today at a […]
Obama’s FY2012 Budget: A Failure of Leadership
A Detailed Summary and Analysis of President Obama’s FY 2012 Budget
HBC & SBC Republican Summary of President’s FY2012 Budget
THE PRESIDENT’S BUDGET SPENDS, TAXES, AND BORROWS TOO MUCH – STIFLING JOB GROWTH TODAY AND THREATENING OUR ECONOMIC FUTURE In challenging times, a chief executive must lead. But President Obama has failed to confront the fiscal and economic challenges before us. Instead, he continues down the same unsustainable path: growing the government, weakening the economy, […]
Sessions: President’s Budget ‘A Blueprint For Losing The Future’
“The president has spoken in recent days about winning the future. But his budget reads more like a blueprint for losing the future.” WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, released the following statement today in response to President Obama’s Fiscal Year 2012 budget proposal, which was submitted to Congress […]
As Economic Challenges Grow, Sessions Looks Back At Reagan Legacy On Role Of Government
“[President Reagan] lowered taxes dramatically, including a reduction in the top rate from seventy percent to less than thirty. And he reined in a runaway bureaucracy that had trapped innovation and productivity in a labyrinth of regulation and red tape… We would be wise to remember the lessons of that era. Peace through strength; prosperity […]
Under President Obama’s Spending “Freeze,” Debt Will Grow $4 Trillion In 5 Years
• The president’s “freeze” would continue dramatically increased spending levels at a time when we have a $1.5 trillion deficit, producing an estimated $3.8 trillion in accumulated deficits over the next 5 years.[1] It maintains inflated levels of non-defense discretionary spending while allowing for ongoing increases in the rest of the budget. • The “freeze” pushes […]
Experts And The Public Agree: Democrat Health Care Plan Adds To Deficit
“Health reform is part of deficit reform.” President Barack Obama, Remarks to the Families USA Conference (January 27, 2011) ***** “How, then, does the ACA magically convert $1 trillion in new spending into painless deficit reduction? It’s all about budget gimmicks, deceptive accounting, and implausible assumptions used to create the false impression of fiscal discipline.” […]
Sessions: With Budget Proposal, President’s Deficit Credibility At Stake
“In two weeks, on February 14th, the president will submit a new budget to Congress. This may be his last chance to get this right. For the president to be a credible voice in this debate he must put forward a budget with significantly lower spending levels. He cannot present Congress with the same unserious […]
Sessions Calls For Action As Deficit Projection Worsens
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, responded tonight to President Obama’s State of the Union address and the president’s plan to maintain increased levels of discretionary spending: “Massive federal spending has placed our nation on an unsustainable path. And yet tonight the President pledged to continue down this perilous […]