WASHINGTON, DC – House Majority Leader Steny H. Hoyer (MD) released the following statement today after President Obama announced his full budget proposal, including $17 billion in spending cuts:
“The President made clear when he took office that his Administration would be focused on restoring responsibility to all parts of government, including the budget. The budget proposal set forth today makes good on that pledge by cutting nearly $17 billion through the reduction and termination of programs found to be duplicative or ineffective. These cuts build on action already taken by Congress when we passed a budget that will cut our nation’s deficit by nearly two-thirds in the coming years. President Obama also reiterated his commitment to enacting statutory pay-as-you-go budget rules, which helped turn deficits to surpluses in the 1990s, and I expect to work with him to bring legislation to the House Floor soon.
“I applaud the President for making the tough choices necessary to start getting our nation’s budget back to balance. While Democrats inherited a broken budget and record deficits and debt, we are clearly taking action to turn these numbers around. Congress will work closely with the Administration to review the President’s proposed cuts and find additional savings in the budget as we move forward with our appropriations process this summer.”