House Leader John Boehner's crew has done a great job rounding up relevant quotes again. This time, they tackled "news of misplaced stimulus spending." In a press release, the office writes that "the government is borrowing 50 cents for every dollar it spends this year."
Check out the collection quotes found in op/eds this week:
“When it comes to federal spending, there's a pattern emerging with President Obama, and it's not a flattering one. The president says all the right things about the importance of getting the deficit under control, but his actions don't come close to matching his rhetoric.” – “Obama, Congress Go AWOL On Fiscal Responsibility,” USA Today, May 11, 2009
“The White House has tried to produce as much hoopla as possible around a proposed $17 billion in savings. But while the savings are nice as far they go, they are part of a budget that will add trillions to the national debt. The budget relies on so much borrowing that it will cost taxpayers more than $4 trillion just to cover interest payments for the next 10 years – more than twice what the federal government will spend on education, energy, homeland security and veterans combined.” – “The President's Budget; Leaving the Hard Choices for the Next One,” Washington Post, May 10, 2009
“President Barack Obama asked Congress Thursday to eliminate or trim 121 federal programs for a ‘savings’ of $17 billion in the coming budget year – while crossing his fingers behind his back and failing to mention that he actually plans to shift that money into programs he likes better.” – “The Audacity of Trimming,” Las Vegas Review-Journal, May 10, 2009
“The $17 billion in cuts represents just 5.5 percent of the increase in what Congress authorized over what Mr. Bush planned. It is only about one-half of 1 percent of the total $3.4 trillion budget. The cut is swamped by the $787 billion increase in spending in the stimulus package and the $31 billion (8 percent) increase that Mr. Obama signed for this year’s current discretionary budget. Despite tax increases, the Congressional Budget Office expects Mr. Obama's policies to balloon the nation's debt over the next 10 years from nearly $6 trillion to $15 trillion. A mere $17 billion isn't even a rounding error for these spending increases.” – “Budget Cut Baloney,” The Washington Times, May 10, 2009