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Statement by Congressman McCaul on the President's budget

"It took the President less than a week to waiver from the promises in his State of the Union address to lower taxes and cut the record deficit. Instead, his proposed budget increases spending to a record of $3.75trillion next year and more than doubles our nation’s debt over the next five years. This includes the massive $1 trillion government takeover of healthcare despite an emphatic ‘no’ from the American people.

"This President tries to talk a good game, but his tax and spend budget reflects his true intentions. We cannot spend our way to economic prosperity. In a time of recession American families and businesses need the shackles of high taxes removed so they can create jobs and invest. Growing government and continuing to pour record debt onto our children is not the answer."