For Immediate Release: February 13^th, 2012 

Paulsen Responds to the Release of President Obama’s 2013 Budget

President’s budget ensures more spending, more taxes, and more debt

Washington, D.C. – This morning, President Obama introduced his Fiscal Year 2013 budget proposal, calling for tax hikes, record level spending increases, and more debt. Representative Erik Paulsen (MN-03), member of the House Ways and Means Committee, issued the following statement in response to the President’s budget plan:

“I’ve heard families and small businesses in our community express the dire need for solutions to decrease our crushing debt and get Minnesotans back to work. Unfortunately, the President’s budget proposes $47 trillion in spending over the next 10 years, while imposing a nearly $2 trillion tax increase on American families and small businesses. Adding trillions of dollars in new debt to fund wasteful Washington spending is not a viable solution to our nation’s problems. Minnesota families deserve better than more budget gimmicks and broken promises. I will continue to work with my colleagues on both sides of the aisle to advance solutions which address our spending driven debt crisis and set us on a path to economic growth and prosperity.”

NOTE:  The House Ways and Means Committee will hold a hearing this Wednesday to review the President’s Fiscal Year 2013 Budget Proposal with U.S. Department of the Treasury Secretary Timothy F. Geithner.

Paulsen, a champion of small business and advocate of free enterprise, entrepreneurship, and innovation currently serves on the House Ways and Means Committee, and is co-chair of the Congressional Medical Technology Caucus, as well as the U.S.–Korea Free Trade Working Group.

For more information on Rep. Paulsen’s work in Congress, and for past segments of Erik's Correspondence Corner, please visit www.paulsen.house.gov.

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