WASHINGTON – House Republican Conference Chairman Jeb Hensarling (R-Texas) issued the following statement today regarding the passage of the House Republican budget, the “Path to Prosperity,” a part of the House Republican Plan for America’s Job Creators.
“The passage of the House Republican budget is a sign of hope for the future of our nation and future generations for whom the American dream is in danger. Americans know that President Obama has placed us on an unsustainable trajectory toward bankruptcy and decline, but today the nation has a better choice: a path to renewed liberty, opportunity, solvency, and prosperity.
“Last month, the White House released a budget that ignores the real drivers of our debt, imposes the largest tax hike in history on job creators and hardworking families, and doubles-down on the same failed policies that gave us our first four trillion-dollar deficits in a row. The budget forced the Boston Herald to conclude that ‘President Barack Obama has apparently decided that he is not going to be part of the solution to the nation’s enormous deficit — which would make him, yes, part of the problem.’ It’s no wonder that it failed to garner even a single Democratic vote.
“House Republicans have always understood the danger posed by our spending-driven debt crisis and have always chosen to be part of the solution. That is why for the second year in a row we have passed a budget that lifts our nation’s crushing debt burden by confronting our real debt drivers, spurs job creation with pro-growth tax reform, and strengthens and saves our health and retirement security programs for future generations.
“Despite the emergence of the worst debt crisis in American history, Harry Reid and the Democrat-controlled Senate have failed to pass a budget of their own for three years. Fortunately, the American people have better sense. One of my constituents from the Fifth District of Texas recently wrote me a letter saying: ‘This debt is stunning. I can't imagine leaving this problem to my daughter to resolve. We need to ‘man-up’ and take ownership of this problem.’ That is what House Republicans have done.
“Our nation is at a crossroads. The president’s plan leads us down the road to guaranteed bankruptcy, less freedom, and a defeated American dream. The House Republican budget leads us on a path to prosperity, opportunity, and greater hope for the future. It is time for President Obama and congressional Democrats to ‘man up’ and get on board with the Path to Prosperity.”