Transcript: Republican Sen. John Cornyn deems Obama’s budget as ‘completely unacceptable’


Remarks by Sen. John Cornyn (R-Texas) on Obama’s 2013 budget at a press briefing on Feb. 13, 2012:

“This is very sad day when the President of the United States fails to keep his promises to the American people once again and rather than treading water he actually makes things worse.

“We know the President said he would cut the deficit in half by the end of his first term, and as President we know that is not going to happen.

“We know that Harry Reid is the majority leader of the United States Senate – the only person who can put a budget on the floor of the Senate for a vote has refused to do so for now well over 1,000 days. And as I said, he would not put this budget up for a vote.

“As Sen. [Roy] Blunt said, budgets are where you figure out where your priorities are, where you make your hard decisions, where you figure out what you have to have and you can’t live without, what you’d like but maybe you can put off, and things that you’d like to have but you simply can’t afford.

“That kind of disciplinary process that every family, every small business undertakes in America, Harry Reid and the President’s own political party have simply refused to do.

“I guess the worst part about the debt is not only looking at the television and seeing what’s happening over in Greece now and what’s happening in Europe with their unsustainable debt and the measures they’re having to take to learn how to live within their means but it’s the impact on jobs.

“The fact of the matter is this $15 trillion plus debt has kept job creators on the sidelines because they don’t know what the taxes are going to be. They don’t know what kind new regulation is going to be promulgated. They simply don’t have any sort of predictability that allows them to plan for the future, and so they do what a rational person would do under those circumstances – they sit on the sidelines.

“In the meantime, unemployment is unacceptably high and apparently the President is going to do nothing about it except to raise taxes on the very people we’re depending upon to make the investments and to create the jobs by $1.9 trillion. Completely unacceptable, and I think the American people understand that.”



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