Apr 15 2013
WASHINGTON, D.C. – U.S. Senator Roy Blunt (Mo.) – who serves on the U.S. Senate Committee on Appropriations and the U.S. Senate Committee on Commerce, Science, and Transportation – released the following statement marking Tax Day:
“As American families and job creators mark Tax Day today, the last thing they need are higher taxes to pay for more wasteful government spending. Unfortunately, President Obama's proposed budget would lead to more of the same reckless spending, higher taxes, and skyrocketing debt that has discouraged job creation under this administration.
“Instead of forcing families to pick up the tab for Washington's out-of-control spending habits, it’s time to pass economic solutions and tax policies that will encourage private sector job creation and grow the economy – not the government.”
President Obama released his belated budget last week, which includes almost $1 trillion in new spending, $8.2 trillion in new debt, and $1.1 trillion in new taxes. The president’s government health care takeover also imposes 21 different tax hikes costing taxpayers another $1.1 trillion over the next decade, according to the Joint Committee on Taxation (JCT).
This comes on the heels of a disappointing unemployment report for March 2013 showing nearly half a million people quit looking for work, and only 88,000 people were hired last month – far fewer than the expected 190,000. The nation’s labor force participation rate is 63.3 percent – the lowest level since Jimmy Carter was president.
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