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Issues & Hot Topics - Federal Budget
Senators Murkowski, Thune, Snowe and Sununu at a press conference on Capitol Hill
Senators Murkowski, Thune, Snowe and Sununu at a press conference on Capitol Hill
Federal Budget
I am convinced that Americans would much rather be working to support their families and this nation than drawing unemployment checks. Toward that end, Congress must find a way to increase investment and promote job creation. I believe tax relief legislation is working, benefiting everyone in the process including middle-class families, retired couples, and small business owners. The economy continues to post steady job gains. Economic growth, fiscal discipline, and good stewardship of taxpayers’ dollars will help us meet the President’s goal of cutting the budget deficit in half in five years.

The current deficit can be attributed to the expenses associated with homeland defense in a post-911 world, the ongoing cost of the war on terrorism, the wars in Afghanistan and Iraq, revelation of corporate scandals that shook investor confidence, and the economic slow-down. While a growing deficit is a real concern, providing the necessary resources to win the war on terrorism and protect our national security should be a budget priority.
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