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Congressman Bob Latta (R-Bowling Green) made the following statement after House Majority Leader Steny Hoyer (D-MD) announced this week that House Democrats will not pass a budget for Fiscal Year 2011.

“One of the main responsibilities of Congress is to pass an operating budget for the Federal government, and it is a sad state of affairs when House Democrat leadership cannot perform this important task.  This will be the first time Congress has failed to pass a budget since the Budget Act of 1974.

Instead of a budget, House Democrats will attempt to pass a Continuing Resolution, only pushing our nation’s out of control spending and record deficit and debt levels further down the line.  House Democrat leadership continues to ignore the dire straits we face as a nation with a national debt of over $13 trillion dollars and projected deficit of well over $1 trillion for this year alone.

Congressman John Spratt (D-SC), Chairman of the House Budget Committee, was quoted in 2006 saying ‘If you can’t pass a budget, you can’t govern.’  Clearly those words have come back to haunt Chairman Spratt and House Democrat leadership who continue to focus their legislative efforts on job-killing and tax-hiking bills instead of focusing on creating well paying and meaningful jobs in the private sector.”  

NOTE:  On February 1st, President Obama submitted his Administration’s Fiscal Year (FY) 2011 Budget proposal with a record breaking cost of $3.8 trillion dollars.  This budget proposal includes a $2 trillion dollar tax increase over the next ten years and projected record deficits.  This proposal will double our nation’s debt in five years and triple it in ten years from FY 2008 levels.  The non-partisan Congressional Budget Office has stated that under current spending levels, by 2020, American taxpayers will be paying $2 billion dollars per day in interest alone on the national debt.  It also estimates that the debt will be $20 trillion by that year.   The Department of Treasury now estimates that the federal debt could reach $26 trillion by 2020.  

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