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Washington, D.C. - The President spoke about the need to cut spending last week, then turned around and delivered a record breaking $3.8 trillion budget to Capitol Hill.
“The spending cuts the President is proposing are so small they are equivalent to taking a thimble full of water out of a swimming pool," said Brady, the top House Republican on the Joint Economic Committee. "The national debt will still double in the next five years and America's economy will be hobbled by a permanently larger federal government it has to shoulder."
"If the President and the Democratic leadership want to show they are serious about getting these dangerous deficits under control, a good place to start is the Spending Reform Act."
Brady is author of the Spending Reform Act of 2009 which would cap discretionary spending, impose a new federal sunset law to eliminate wasteful spending, stop earmarks until they are reformed and force Congress to make solvent Medicare and Social Security.
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