Boehner: CBO Confirms Obama Budget Will Cost Taxpayers $2.3 Trillion More Than White House Claimed | Republican Leader John Boehner

Boehner: CBO Confirms Obama Budget Will Cost Taxpayers $2.3 Trillion More Than White House Claimed Republican Leader John Boehner

Washington, Mar 20 - House Republican Leader John Boehner (R-OH) today issued the following statement on a new estimate released by the nonpartisan Congressional Budget Office (CBO) showing the President’s budget will cost taxpayers $2.3 trillion more than initially admitted by the White House:

“This report should serve as the wake-up call this Administration needs. We simply cannot continue to mortgage our children and grandchildren’s future to pay for bigger and more costly government. Families and small businesses across America are making difficult budget decisions each and every day during this recession, and it’s time for Washington to do the same. Unfortunately, the President’s budget doesn’t do that. Instead it will hurt the economy and destroy jobs by spending too much, taxing too much, and borrowing too much, and today’s report confirms it. The President ought to be straight with the American people: will he have to raise taxes even higher than initially proposed to pay for this increasingly costly budget?

Wonderful news, isn't it? We simply can't afford Obamanomics.