Hoyer Statement on President Obama's Proposed Fiscal Year 20

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Hoyer Statement on President Obama's Proposed Fiscal Year 2012 Budget

WASHINGTON, DC - Democratic Whip Steny H. Hoyer (MD) released the following statement after President Obama unveiled his proposed budget for Fiscal Year 2012:
“Today, President Obama released his proposed Fiscal Year 2012 budget. The president’s budget makes the tough choices we need to reduce spending and put our nation’s fiscal house in order; in fact, it would reduce our deficit by $1.1 trillion over the next decade. At the same time, however, the budget identifies those investments we need to grow our economy and create jobs—investments in out-building, out-innovating, and out-educating competitors around the world. President Obama’s priorities—protecting our fiscal future while investing in growth—stand in strong contrast to the priorities of Republicans. Their spending bill for the rest of this fiscal year would make indiscriminate and short-sighted cuts to the investments our economy needs to stay competitive. I hope that Republicans will, instead, work with President Obama to reduce our deficit without sacrificing America’s competitive edge.”



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