Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, issued the following statement today after the release of the Obama Administration's FY 2011 budget:

"Although President Obama promised a change in direction last week, the budget the administration released this morning is just more of the same old failed fiscal policies that gave us record spending, record debt and no job growth over the past year. This course is irresponsible and unsustainable.
 
"The American people know we can't borrow, tax and spend our way back to a growing economy. Yet the president's budget more than doubles the debt and increases spending and taxes to record levels.
 
"House Republicans will hold the administration accountable for its promises of fiscal responsibility while fighting for fiscal discipline in Washington, DC and across the board tax relief for working Americans."