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Contact: Dave Yonkman
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Hoekstra Votes against Crippling Tax Increase, Massive Government Spending
Provisions Included in the Conference Report on the 2010 Budget
Washington,
Apr 29 -
U.S. Rep. Pete Hoekstra, R-Holland, today voted against a crippling tax increase and massive government spending contained in the $3.5 trillion 2010 budget.
"It is not fair for one generation to borrow money that will be repaid by future generations," Hoekstra said. "The United States cannot continue to drastically increase taxes compiled with record deficit spending."
The 2010 Budget Resolution (S.Con.Res.13) assumes a staggering tax increase of $423 billion over five years and proposes the six largest deficits in U.S. history. The lowest deficit proposed by the budget resolution is $523 billion in Fiscal Year 2014, or 13.9 percent greater than the highest deficit in U.S. history (last year’s $459 billion deficit).
It also includes $1.083 trillion in discretionary spending in 2010, or 7.2 percent more than 2009. Additionally, it will increase debt by $17 trillion over five years, an increase of $5.2 trillion or 48 percent compared to the level on Jan. 20, 2009.
"Many American families, especially in Michigan, are scraping by to make ends meet and small businesses are struggling to meet their payrolls," Hoekstra said. "Washington should be held to the same standard and not continue to spend borrowed money and bury the United States deeper in debt."
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