WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) today released the following statement after President Joe Biden announced the Presidential budget for FY2022:
“Four months into this administration, President Biden has already laid out plans for $7.1 trillion of new spending over the next couple of years. It is no surprise that his FY2022 budget proposal calls for the highest level of federal spending since World War II. As our national debt nears $30 trillion and the economy begins to recover from the COVID-19 pandemic, a budget that will raise taxes, cause prices to skyrocket and saddle future generations with burdensome levels of debt should be unthinkable.
“I will evaluate the details of the President’s budget and will work with my Senate colleagues to craft a federal budget that supports jobs and American competitiveness while maintaining responsible fiscal boundaries. We cannot spend our way to economic prosperity. Our families and their economic futures are best served by keeping costs low, making certain parents are able to return to work and reining in our national debt.”
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