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Speaker John Boehner: spending is the problem

U.S. House Speaker John Boehner [1] (R-Ohio)

Here’s a copy of a House Budget Committee chart I used at a press conference this week to show how Washington’s spending problem threatens our future. As you can see, the president’s fiscal cliff plan does nothing to address runaway spending.

[2]

House Republicans are offering a truly balanced approach to avert the fiscal cliff with significant cuts and new revenue generated by closing special-interest loopholes. If the president will step up and acknowledge Washington has a spending problem that can’t be fixed with tax increases, I think we can begin to do some real good for our economy over the days ahead.

[chart [2] is from the American Enterprise Institute [3]]

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